DAVID LIU - 31 Dec 2022 Form 4 Insider Report for Boxed, Inc. (BOXDQ)

Role: Director
Signature: /s/ Kevin Dell, Attorney-in-Fact
Issuer symbol: BOXDQ
Transactions as of: 31 Dec 2022
Transactions value $: $0
Form type: 4
Filing time: 05 Jan 2023, 20:32:29 UTC
Previous filing: 04 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOXDQ	Common Stock	Award	$0	+106K	+217.55%	$0.00	154K	31 Dec 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 31, 2022, the reporting person was granted restricted stock units ("RSUs") which also fully vested on the date of grant. As such, on December 31, 2022, these RSUs converted into common stock on a one-for-one basis. The RSUs were granted to the reporting person in lieu of quarterly cash retainers, at the election of the reporting person, under the Issuer's Non-Employee Director Compensation Policy.

Content

On December 31, 2022, the reporting person was granted restricted stock units ("RSUs") which also fully vested on the date of grant. As such, on December 31, 2022, these RSUs converted into common stock on a one-for-one basis. The RSUs were granted to the reporting person in lieu of quarterly cash retainers, at the election of the reporting person, under the Issuer's Non-Employee Director Compensation Policy.