Filing Details

Accession Number:
0001104659-23-106445
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-03 17:01:00
Reporting Period:
2023-08-25
Accepted Time:
2023-10-03 17:01:00
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
1905963 Shaun Marklew C/O Boxlight Corporation
2750 Premiere Parkway
Duluth GA 30097
Chief Technology Officer 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 2023-08-25 17,602 $0.00 35,250 No 4 A Direct
Class A Common Stock Disposition 2023-08-31 368 $2.31 34,882 No 4 S Direct
Class A Common Stock Disposition 2023-09-27 735 $1.90 34,147 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. On August 25, 2023, the Reporting Person was granted 17,602 RSUs. The 17,602 RSUs will vest quarterly over four years starting on November 25, 2023 and continuing through August 25, 2027.
  2. Consists of (i) 2,023 shares of Class A common stock and (ii) 33,227 RSUs which remain subject to certain vesting conditions.
  3. Effective on June 14, 2023, the Company conducted a reverse stock split at a ratio of 1-for-8 (the "Reverse Split"). The numbers of shares reported herein reflect the numbers of shares after the Reverse Split.
  4. 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 stock units ("RSUs") held by the Reporting Person. Upon vesting of the RSUs, the sales are automatic, routine, non-discretionary transactions mandated by the Issuer under 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.
  5. Consists of (i) 1,655 shares of Class A common stock and (ii) 33,227 RSUs which remain subject to certain vesting conditions.
  6. Consists of (i) 2,482 shares of Class A common stock and (ii) 31,665 RSUs which remain subject to certain vesting conditions.