Elliott James Mark - Aug 25, 2023 Form 4 Insider Report for Boxlight Corp (BOXL)

Role
Director
Signature
/s/ Elliott James Mark
Stock symbol
BOXL
Transactions as of
Aug 25, 2023
Transactions value $
$0
Form type
4
Date filed
9/14/2023, 05:10 PM
Previous filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXL CLASS A COMMON STOCK Award $0 +35.2K +98.79% $0.00 70.8K Aug 25, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 25, 2023, the Reporting Person was granted 35,176 Restricted Stock Units ("RSUs"). Among the 35,176 RSUs, 8,794 RSUs vested immediately and the remaining 26,382 RSUs will vest evenly in quarterly instalments commencing September 25, 2023 and ending March 25, 2024.
F2 Consists of (i) 44,401 shares of Class A common stock and (ii) 26,382 RSUs which remain subject to certain vesting conditions.
F3 Effective on June 14, 2023, the Company conducted a reverse stock split at a ratio of 1-for-8 (the "Reverse Split"). The number of shares reported herein reflect the number of shares after effectuating the Reverse Split.