Elliott James Mark - Jun 8, 2022 Form 4 Insider Report for Boxlight Corp (BOXL)

Role
Director
Signature
/s/ Elliott James Mark
Stock symbol
BOXL
Transactions as of
Jun 8, 2022
Transactions value $
-$105,795
Form type
4
Date filed
6/10/2022, 06:49 PM
Previous filing
Mar 28, 2022
Next filing
Feb 15, 2023

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 $11.1K +85.6K +30.03% $0.13 370K Jun 8, 2022 Direct F1, F2
transaction BOXL CLASS A COMMON STOCK Sale -$70.2K -85.6K -23.1% $0.82 285K Jun 8, 2022 Direct F3
transaction BOXL CLASS A COMMON STOCK Exercise of in-the-money or at-the-money derivative security $6.02K +46.3K +16.25% $0.13 331K Jun 9, 2022 Direct F1, F4
transaction BOXL CLASS A COMMON STOCK Sale -$35.6K -46.3K -13.98% $0.77 285K Jun 9, 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 -$11.1K -85.6K -25.78% $0.13 246K Jun 8, 2022 CLASS A COMMON STOCK 85.6K $0.13 Direct F1
transaction BOXL STOCK OPTION Exercise of in-the-money or at-the-money derivative security -$6.02K -46.3K -18.79% $0.13 200K Jun 9, 2022 CLASS A COMMON STOCK 46.3K $0.13 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.