Harshul Sanghi - Mar 16, 2022 Form 4 Insider Report for Boxed, Inc. (BOXDQ)

Role: Director
Signature: /s/ Keri Fessler, Attorney-in-Fact
Stock symbol: BOXDQ
Transactions as of: Mar 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/22/2022, 09:04 PM
Previous filing: Dec 10, 2021
Next filing: Sep 19, 2022

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	Award	$0	+6.25K		$0.00	6.25K	Mar 16, 2022	Common Stock	6.25K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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. 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 (March 16, 2023), subject to continuing service on the Issuer's board of directors through the applicable vesting date.

Content

Represents an award of restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's common stock. 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 (March 16, 2023), subject to continuing service on the Issuer's board of directors through the applicable vesting date.