Pope Michael Ross - 06 Jun 2023 Form 4 Insider Report for Boxlight Corp (BOXL)

Role: Chief Executive Officer, Director
Signature: /s/ Michael Ross Pope
Issuer symbol: BOXL
Transactions as of: 06 Jun 2023
Net transactions value: -$1,452
Form type: 4
Filing time: 07 Jun 2023, 21:00:15 UTC
Previous filing: 18 May 2023
Next filing: 06 Jul 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	$1,452	-4,839	-0.3%	$0.3000	1,614,303	06 Jun 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. This transaction is exempt under Section 16b-3 and does not represent discretionary trades by the Reporting Person.
F2	Of the reported shares, 593,847 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. This transaction is exempt under Section 16b-3 and does not represent discretionary trades by the Reporting Person.

Of the reported shares, 593,847 shares are represented by RSUs which remain subject to vesting.