Filing Details
- Accession Number:
- 0001104659-23-107203
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-10-05 16:20:21
- Reporting Period:
- 2023-08-25
- Accepted Time:
- 2023-10-05 16:20:21
- 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 |
---|---|---|---|---|---|---|---|
1650636 | Henry Nance | C/O Boxlight Corporation 2750 Premiere Parkway Duluth GA 30097 | Chief Operating 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 | 44,403 | No | 4 | A | Direct | |
Class A Common Stock | Disposition | 2023-08-31 | 235 | $2.31 | 44,168 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Footnotes
- 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 until August 25, 2027.
- Consists of (i) 18,988 shares of Class A common stock and (ii) 25,415 RSUs which remain subject to certain vesting conditions.
- 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 number of shares held after effectuating the Reverse Split.
- Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the 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.
- Consists of (i) 18,753 shares of Class A common stock and (ii) 25,415 RSUs which remain subject to certain vesting conditions.