Filing Details
- Accession Number:
- 0001104659-22-042884
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-04-05 18:23:41
- Reporting Period:
- 2022-02-24
- Accepted Time:
- 2022-04-05 18:23:41
- 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 |
|---|---|---|---|---|---|---|---|
| 1835147 | Mark Starkey | C/O Boxlight Corporation 1045 Progress Circle Lawrenceville GA 30043 | President | No | 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 | Acquisiton | 2022-02-24 | 100,000 | $0.00 | 280,125 | No | 4 | A | Direct | |
| Class A Common Stock | Acquisiton | 2022-03-25 | 12,500 | $0.00 | 292,625 | No | 4 | A | Direct | |
| Class A Common Stock | Disposition | 2022-03-31 | 5,875 | $1.20 | 286,750 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | RESTRICTED STOCK UNITS | Disposition | 2022-03-25 | 12,500 | $0.00 | 12,500 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 125,000 | 2022-03-25 | No | 4 | J | Direct |
Footnotes
- The reporting person received an award of 100,000 restricted stock units ("RSUs") on February 24, 2022, with such RSUs vesting quarterly in equal installments over four (4) years, with the initial vesting occurring on May 24, 2022. Each RSU represents the right to receive one share of BOXL Class A Common Stock.
- Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- Of the reported shares, 225,000 shares are represented by RSUs which remain subject to quarterly vesting.
- Conversion of RSUs into shares of BOXL Class A Common Stock.
- The RSUs vest in substantially equal installments quarterly over the course of four (4) years, commencing on December 25, 2020.
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