Strang Dale - 25 Aug 2023 Form 4 Insider Report for Boxlight Corp (BOXL)

Role
Director
Signature
/s/ Strang Dale
Issuer symbol
BOXL
Transactions as of
25 Aug 2023
Net transactions value
$0
Form type
4
Filing time
18 Sep 2023, 20:46:51 UTC
Previous filing
23 Nov 2022
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 Award $0 +35,176 +790% $0.000000 39,626 25 Aug 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 installments from September 25, 2023 to March 25, 2024.
F2 Consists of (i) 13,244 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 reflects the number of shares after effectuating the Reverse Split.