Emerson S. Moore II - Sep 15, 2022 Form 4 Insider Report for Boxed, Inc. (BOXDQ)

Role
Director
Signature
/s/ Keri Fessler, Attorney-in-Fact
Stock symbol
BOXDQ
Transactions as of
Sep 15, 2022
Transactions value $
$0
Form type
4
Date filed
9/19/2022, 04:04 PM
Previous filing
Mar 22, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXDQ Common Stock Options Exercise +6.25K 6.25K Sep 15, 2022 Direct F1

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 BOXDQ Restricted stock units Options Exercise $0 -6.25K -100% $0.00* 0 Sep 15, 2022 Common Stock 6.25K Direct F1, F2
transaction BOXDQ Restricted stock units Award $0 +66.5K $0.00 66.5K Sep 15, 2022 Common Stock 66.5K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 On March 16, 2022, the reporting person was granted 6,250 RSUs, vesting on the day of the Issuer's first annual meeting of stockholders following the grant date, subject to continuing service on the Issuer's board of directors through the applicable vesting date.
F3 The RSUs vest on the earlier of (i) the day immediately preceding the date of the Issuer's first annual meeting of stockholders following the grant date and (ii) the anniversary of the grant date (September 15, 2023), subject to continuing service on the Issuer's board of directors through the applicable vesting date.