Pope Michael Ross - Aug 14, 2022 Form 4 Insider Report for Boxlight Corp (BOXL)

Signature
/s/ Michael Pope
Stock symbol
BOXL
Transactions as of
Aug 14, 2022
Transactions value $
-$2,862
Form type
4
Date filed
12/6/2022, 06:41 PM
Previous filing
Jul 8, 2022
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXL CLASS A COMMON STOCK Sale -$1.16K -1.62K -0.16% $0.72 1.02M Aug 14, 2022 Direct F1, F2
transaction BOXL CLASS A COMMON STOCK Sale -$926 -1.54K -0.15% $0.60 1.02M Sep 14, 2022 Direct F1, F3
transaction BOXL CLASS A COMMON STOCK Sale -$774 -1.49K -0.15% $0.52 1.01M Oct 14, 2022 Direct F1, 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 in connection with the vesting of 4,546 restricted stock units ("RSUs") held by the Reporting Person. Upon vesting of the RSUs, the sales are automatic, routine, non-discretionary transactions 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 exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person.
F2 Consists of 881,203 shares of BOXL Class A common stock and 136,364 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 884,206 shares of BOXL Class A common stock and 131,818 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.
F4 Consists of 887,263 shares of BOXL Class A common stock and 127,273 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.