Starkey Mark - Mar 25, 2021 Form 4/A - Amendment Insider Report for Boxlight Corp (BOXL)

Role
PRESIDENT
Signature
/s/ Mark Starkey
Stock symbol
BOXL
Transactions as of
Mar 25, 2021
Transactions value $
$26,115
Form type
4/A - Amendment
Date filed
11/22/2021, 11:37 AM
Date Of Original Report
Jun 2, 2021
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXL CLASS A COMMON STOCK Conversion of derivative security $0 +12.5K +13.51% $0.00 105K Mar 25, 2021 Direct F1
transaction BOXL CLASS A COMMON STOCK Sale -$26.1K -11.8K -11.19% $2.22 93.3K May 24, 2021 Direct F3
transaction BOXL CLASS A COMMON STOCK Conversion of derivative security $26.1K +10K +10.72% $2.61 103K Jun 2, 2021 Direct F5
transaction BOXL CLASS A COMMON STOCK Conversion of derivative security $26.1K +10K +9.69% $2.61 113K Jun 2, 2021 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BOXL RESTRICTED STOCK UNITS Other $0 -12.5K -6.67% $0.00 175K Mar 25, 2021 COMMON STOCK 175K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 25, 2021, 12,500 shares of the Reporting Person's restricted stock units ("RSUs") vested in accordance with their vesting schedule.
F2 The restricted stock units vest in substantially equal installments quarterly over the course of four (4) years, commencing on December 25, 2020.
F3 On May 24, 2021, the Reporting Person sold a total of 11,750 shares to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer under its equity incentive plan and does not represent a discretionary trade by the Reporting Person.
F4 Conversion of RSUs into shares of BOXL Class A Common Stock.
F5 The shares were purchased on the open market at $2.61 per share.