Elliott James Mark - 08 Jun 2022 Form 4 Insider Report for Boxlight Corp (BOXL)

Role
Director
Signature
/s/ Elliott James Mark
Issuer symbol
BOXL
Transactions as of
08 Jun 2022
Net transactions value
-$105,795
Form type
4
Filing time
10 Jun 2022, 18:49:20 UTC
Previous filing
28 Mar 2022
Next filing
15 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXL CLASS A COMMON STOCK Exercise of in-the-money or at-the-money derivative security $11,122 +85,551 +30% $0.1300 370,402 08 Jun 2022 Direct F1, F2
transaction BOXL CLASS A COMMON STOCK Sale $70,152 -85,551 -23% $0.8200 284,851 08 Jun 2022 Direct F3
transaction BOXL CLASS A COMMON STOCK Exercise of in-the-money or at-the-money derivative security $6,018 +46,290 +16% $0.1300 331,141 09 Jun 2022 Direct F1, F4
transaction BOXL CLASS A COMMON STOCK Sale $35,643 -46,290 -14% $0.7700 284,851 09 Jun 2022 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BOXL STOCK OPTION Exercise of in-the-money or at-the-money derivative security $11,122 -85,551 -26% $0.1300 246,290 08 Jun 2022 CLASS A COMMON STOCK 85,551 $0.1300 Direct F1
transaction BOXL STOCK OPTION Exercise of in-the-money or at-the-money derivative security $6,018 -46,290 -19% $0.1300 200,000 09 Jun 2022 CLASS A COMMON STOCK 46,290 $0.1300 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of shares of BOXL Class A common stock upon the exercise of stock options at the exercise price of $0.13 per share.
F2 Consists of (i) 321,952 shares of BOXL Class A common stock and (ii) 48,450 restricted stock units ("RSUs"), with each RSU representing the right to receive one share of BOXL Class A common stock, which RSUs are subject to monthly vesting over the next 10 months in installments of 4,845 shares per month.
F3 Consists of (i) 236,401 shares of BOXL Class A common stock and (ii) 48,450 RSUs.
F4 Represents (i) 282,691 shares of Class A common stock and (ii) 48,450 RSUs.
F5 Represents (i) 236,401 shares of Class A common stock and (ii) 48,450 RSUs.