Pope Michael Ross - 17 Jul 2023 Form 4/A - Amendment Insider Report for Boxlight Corp (BOXL)

Role
Chief Executive Officer, Director
Signature
/s/ Pope Michael Ross
Issuer symbol
BOXL
Transactions as of
17 Jul 2023
Net transactions value
-$415
Form type
4/A - Amendment
Filing time
06 Dec 2023, 06:03:24 UTC
Date Of Original Report
06 Jul 2023
Previous filing
02 Aug 2023
Next filing
04 Dec 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 $415 -171 -0.12% $2.42 139,147 17 Jul 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 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 are exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person.
F2 Of the reported shares, 10,794 shares are represented by RSUs which remain subject to vesting. This number reflects the Company's cancellation of 62,299 unvested RSUs.
F3 Effective on June 14, 2023, the Company conducted a reverse stock split at a ratio of 1-for-8 (the "Reverse Split"). The numbers of shares reported herein reflect the numbers of shares after the Reverse Split.