Filing Details

Accession Number:
0001104659-22-002856
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-10 19:33:45
Reporting Period:
2021-12-25
Accepted Time:
2022-01-10 19:33:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1624512 Boxlight Corp BOXL Services-Educational Services (8200) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1641070 Ross Michael Pope C/O Boxlight Corporation
1045 Progress Circle
Georgia GA 30043
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2021-12-25 490,964 $1.40 887,876 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 656,434 restricted Class A common stock. This sale is mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by a "sell to cover" transaction. This transaction is exempt under Section 16b-3 and does not represent a discretionary trade by the Reporting Person.
  2. The reported transaction includes 218,811 shares of Class A common stock issued under the Long-Term Compensation component of the Reporting Person's employment agreement which remain subject to vesting. The total in Column 5 includes the remaining 218,811 shares of Class A common stock subject to vesting and 669,065 shares of Class A Common Stock.