Pope Michael Ross - 21 Mar 2023 Form 4 Insider Report for Boxlight Corp (BOXL)

Role: Chief Executive Officer, Director
Signature: /s/ Michael R. Pope
Issuer symbol: BOXL
Transactions as of: 21 Mar 2023
Net transactions value: -$566
Form type: 4
Filing time: 23 Mar 2023, 21:57:43 UTC
Previous filing: 13 Mar 2023
Next filing: 21 Apr 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	Sale	$566	-1,368	-0.08%	$0.4140	1,631,610	21 Mar 2023	Direct	F1, F2

* 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 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	Of the reported shares, 651,169 shares are represented by RSUs which remain subject to vesting.

Content

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 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.

Of the reported shares, 651,169 shares are represented by RSUs which remain subject to vesting.