Pope Michael Ross - Jan 20, 2022 Form 4 Insider Report for Boxlight Corp (BOXL)

Role
Chief Executive Officer, Director
Signature
/s/ Michael Pope
Stock symbol
BOXL
Transactions as of
Jan 20, 2022
Transactions value $
-$37,141
Form type
4
Date filed
6/10/2022, 09:18 PM
Previous filing
Dec 29, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXL CLASS A COMMON STOCK Sale -$53.2K -49.3K -4.69% $1.08 1M May 14, 2022 Direct F1, F2
transaction BOXL CLASS A COMMON STOCK Purchase $8K +10K +1% $0.80 1.01M Jun 6, 2022 Direct F3
transaction BOXL CLASS A COMMON STOCK Purchase $8.1K +10K +0.99% $0.81 1.02M Jun 7, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations from 01/20/2022 through 05/14/2022 in connection with the vesting of restricted BOXL Class A common stock. The sales are mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by "sell to cover" transactions. These transactions are exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person.
F2 Consists of 852,215 shares of BOXL Class A common stock and 150,001 restricted stock units ("RSUs"), with each RSU representing the right to receive one share of BOXL Class A common stock upon vesting, which RSUs remain subject to certain vesting conditions.
F3 Consists of 862,215 shares of BOXL Class A common stock and 150,001 RSUs.
F4 Consists of 872,215 shares of BOXL Class A common stock and 150,001 RSUs.