Patrick Foley - 24 May 2022 Form 4 Insider Report for Boxlight Corp (BOXL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Aug 2022, 19:26:30 UTC
Prior SEC filing
08 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Patrick Foley

Key filing fact

Patrick Foley filed Form 4 for Boxlight Corp (BOXL) on 08 Aug 2022.

Key facts

  • This page summarizes Patrick Foley's Form 4 filing for Boxlight Corp (BOXL).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Aug 2022, 19:26.

Change

  • Previous filing in this sequence was filed on 08 Apr 2022.
  • Current net transaction value: -$6,816.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BOXL transaction

CLASS A COMMON STOCK

Sale

Transaction value
$2,473
Shares
-3,016
Change %
-1.1%
Price
$0.8200
Shares after
261,734
Date
24 May 2022
Ownership
Direct
Footnotes
F1
BOXL transaction

CLASS A COMMON STOCK

Sale

Transaction value
$4,343
Shares
-6,032
Change %
-2.3%
Price
$0.7200
Shares after
255,702
Date
25 Jun 2022
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Patrick Foley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted BOXL Class A common stock. The sales are routine, non-discretionary transactions mandated by the Issuer under the terms of its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations, which are funded by "sell to cover" transactions. These transactions are exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person.

Footnote F2

Consists of 206,250 RSUs that remain subject to vesting and 49,452 shares of BOXL Class A Common Stock.

SEC remarks

The Reporting Person resigned from his position as Chief Financial Officer, effective July 5, 2022, and is now serving in an advisory role with Boxlight Corporation ("BOXL"). This Form 4 is being filed as a voluntary exit Form 4 indicating that no further reporting will be required of the Reporting Person.

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