Patrick Foley - 24 Feb 2022 Form 4 Insider Report for Boxlight Corp (BOXL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Apr 2022, 16:07:02 UTC
Prior SEC filing
10 Jan 2022
Next SEC filing
08 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Patrick Foley

Key filing fact

Patrick Foley filed Form 4 for Boxlight Corp (BOXL) on 08 Apr 2022.

Key facts

  • This page summarizes Patrick Foley's Form 4 filing for Boxlight Corp (BOXL).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Apr 2022, 16:07.

Change

  • Previous filing in this sequence was filed on 10 Jan 2022.
  • Current net transaction value: -$7,031.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BOXL transaction

CLASS A COMMON STOCK

Award

Transaction value
$0
Shares
+100,000
Change %
+59%
Price
$0.000000
Shares after
270,625
Date
24 Feb 2022
Ownership
Direct
Footnotes
F1
BOXL transaction

CLASS A COMMON STOCK

Sale

Transaction value
$7,031
Shares
-5,875
Change %
-2.2%
Price
$1.20
Shares after
264,750
Date
31 Mar 2022
Ownership
Direct
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The reporting person received an award of 100,000 restricted stock units ("RSUs") on February 24, 2022, with such RSUs vesting quarterly in equal installments over four (4) years, with the initial vesting occurring on May 24, 2022. Each RSU represents the right to receive one share of BOXL Class A Common Stock.

Footnote F2

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer under its equity incentive plan which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. Each RSU represents the right to receive one share of BOXL Class A Common Stock upon vesting.

Footnote F3

Consists of 225,000 RSUs that remain subject to vesting and 39,750 shares of BOXL Class A Common Stock.

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