Andrew C. Pearson - Jun 10, 2022 Form 4 Insider Report for Boxed, Inc. (BOXDQ)

Role
Director
Signature
/s/ Keri Fessler, Attorney-in-Fact
Stock symbol
BOXDQ
Transactions as of
Jun 10, 2022
Transactions value $
$272,390
Form type
4
Date filed
6/14/2022, 04:40 PM
Previous filing
Dec 10, 2021
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXDQ Common Stock Purchase $22.4K +10K +2.41% $2.24* 426K Jun 10, 2022 Direct F1, F2
transaction BOXDQ Common Stock Purchase $23.3K +10K +2.35% $2.33* 436K Jun 10, 2022 Direct F3
transaction BOXDQ Common Stock Purchase $23.7K +10K +2.3% $2.37* 446K Jun 10, 2022 Direct F4
transaction BOXDQ Common Stock Purchase $46.2K +25K +5.61% $1.85* 471K Jun 13, 2022 Direct F5
transaction BOXDQ Common Stock Purchase $43.7K +25K +5.31% $1.75* 496K Jun 13, 2022 Direct F6
transaction BOXDQ Common Stock Purchase $43.7K +25K +5.04% $1.75* 521K Jun 13, 2022 Direct F7
transaction BOXDQ Common Stock Purchase $31.8K +20K +3.84% $1.59* 541K Jun 14, 2022 Direct F8
transaction BOXDQ Common Stock Purchase $37.5K +25K +4.62% $1.50* 566K Jun 14, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.23 to $2.25. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F2 Includes 395,589 shares of Common Stock acquired in a pro rata distribution in-kind, the acquisition of which was exempt pursuant to Rule 16a-9, of which 121,005 shares remain subject to forfeiture in the event the Issuer's common stock price does not exceed certain hurdles prior to December 8, 2026.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.30 to $2.36. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.35 to $2.40. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.83 to $1.86. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.73 to $1.75. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F7 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.74 to $1.75. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F8 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.565 to $1.61. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

Remarks:

Exhibit 24 - Power of Attorney.