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.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Sale
Additional SEC filing notes
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.