Darrell B. Williams - 08 Dec 2021 Form 4/A - Amendment Insider Report for Boxed, Inc.

Reporting relationship: CBDO
Issuer ticker: N/A
Reported as of: 08 Dec 2021
Net transaction value: $0
SEC form: 4/A - Amendment
Accepted by SEC: 07 Jan 2022, 19:40:17 UTC
Original report date: 10 Dec 2021
Source filing: View source filing
Reporting owner signature: /s/ Keri Fessler, Attorney-in-Fact

Key filing fact

Darrell B. Williams filed Form 4/A - Amendment for Boxed, Inc. on 07 Jan 2022.

Key facts

This page summarizes Darrell B. Williams's Form 4/A - Amendment filing for Boxed, Inc..
9 reported transactions and 9 derivative rows are listed below.
Accepted by SEC: 07 Jan 2022, 19:40.

Change

No earlier filing in this sequence is available for direct comparison.
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/A - Amendment disclosures.

View source filing

Reported derivative securities

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

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +28,494
Change %
Price
Shares after: 28,494
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 28,494
Exercise price: $0.3000
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +37,992
Change %
Price
Shares after: 37,992
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 37,992
Exercise price: $1.01
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +94,980
Change %
Price
Shares after: 94,980
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 94,980
Exercise price: $1.01
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +70,677
Change %
Price
Shares after: 70,677
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 70,677
Exercise price: $2.46
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +5,306
Change %
Price
Shares after: 5,306
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,306
Exercise price: $2.46
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +15,335
Change %
Price
Shares after: 15,335
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 15,335
Exercise price: $2.46
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +8,409
Change %
Price
Shares after: 8,409
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,409
Exercise price: $2.46
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +2,374
Change %
Price
Shares after: 2,374
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,374
Exercise price: $3.21
Footnotes: F1, F2

BOXDQ transaction Derivative

Stock Option

Award

Transaction value
Shares: +132,972
Change %
Price
Shares after: 132,972
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 132,972
Exercise price: $3.37
Footnotes: F1, F3

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 3 footnotes

Footnote F1

On December 8, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of June 13, 2021, by and among the Issuer, Blossom Merger Sub, Inc. ("Merger Sub"), Blossom Merger Sub II, LLC ("Merger Sub II") and Giddy Inc. ("Boxed"), upon the effective time of the transactions contemplated thereby, each outstanding option to purchase shares of Boxed common stock (each a "Boxed Option") was automatically cancelled and converted into an option to purchase a number of shares of common stock of the Issuer equal to (i) the number of shares of Boxed common stock subject to the applicable Boxed Option multiplied by (ii) approximately 0.9498, rounded down to the nearest whole share.

Footnote F2

The stock option is fully vested and currently exercisable.

Footnote F3

This stock option vests in 48 monthly installments beginning on October 1, 2018.

SEC remarks

On December 10, 2021 the Reporting Person filed a Form 4 (the "Original Form 4"), which inadvertently understated the number of shares of Common Stock underlying the Stock Options reported therein. This amendment is being filed to correct the amounts listed in Columns 5, 7 and 9 of Table II, and there have been no other changes to the information presented in the Original Form 4.