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

Role
PRESIDENT
Signature
/s/ Mark Starkey
Issuer symbol
BOXL
Transactions as of
25 Mar 2021
Net transactions value
+$26,115
Form type
4/A - Amendment
Filing time
22 Nov 2021, 11:37:47 UTC
Date Of Original Report
02 Jun 2021
Next filing
22 Nov 2021
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 Conversion of derivative security $0 +12,500 +14% $0.000000 105,000 25 Mar 2021 Direct F1
transaction BOXL CLASS A COMMON STOCK Sale $26,085 -11,750 -11% $2.22 93,250 24 May 2021 Direct F3
transaction BOXL CLASS A COMMON STOCK Conversion of derivative security $26,100 +10,000 +11% $2.61 103,250 02 Jun 2021 Direct F5
transaction BOXL CLASS A COMMON STOCK Conversion of derivative security $26,100 +10,000 +9.7% $2.61 113,250 02 Jun 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 -12,500 -6.7% $0.000000 175,000 25 Mar 2021 COMMON STOCK 175,000 $0.000000 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.