Jared Yaman - 05 Jul 2022 Form 4 Insider Report for Boxed, Inc.

Reporting relationship: Chief Operating Officer, Director
Issuer ticker: N/A
Reported as of: 05 Jul 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Jul 2022, 16:07:48 UTC
Prior SEC filing: 10 Dec 2021
Next SEC filing: 26 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Keri Fessler, Attorney-in-Fact

Key filing fact

Jared Yaman filed Form 4 for Boxed, Inc. on 05 Jul 2022.

Key facts

This page summarizes Jared Yaman's Form 4 filing for Boxed, Inc..
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 05 Jul 2022, 16:07.

Change

Previous filing in this sequence was filed on 10 Dec 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BOXDQ transaction Derivative

Restricted stock units

Award

Transaction value: $0
Shares: +240,000
Change %
Price: $0.000000
Shares after: 240,000
Date: 05 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 240,000
Exercise price
Footnotes: F1

BOXDQ transaction Derivative

Performance-based restricted stock units

Award

Transaction value: $0
Shares: +255,000
Change %
Price: $0.000000
Shares after: 255,000
Date: 05 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 255,000
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents an award of restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's common stock. These RSUs vest in three equal annual installments beginning on December 9, 2022.

Footnote F2

Consists of performance-based restricted stock units ("PSUs"). Each PSU represents a contingent right to receive one share of the Issuer's common stock.

Footnote F3

The PSU awards will vest, if at all, based on continued service and the Issuer's stock price performance exceeding certain hurdles, over the three fiscal-year period ending on December 31, 2024. Any portion of the award that has not been earned by December 31, 2024 will be forfeited immediately thereafter.