Home/Filings/4/0001104659-21-148680
4//SEC Filing

Zimowski Mark 4

Accession 0001104659-21-148680

CIK 0001828672other

Filed

Dec 9, 7:00 PM ET

Accepted

Dec 10, 5:10 PM ET

Size

17.1 KB

Accession

0001104659-21-148680

Insider Transaction Report

Form 4
Period: 2021-12-08
Zimowski Mark
Chief Financial Officer
Transactions
  • Award

    Stock Option

    2021-12-08+17,90417,904 total
    Exercise: $2.46Exp: 2026-10-26Common Stock (17,904 underlying)
  • Award

    Stock Option

    2021-12-08+9,4899,489 total
    Exercise: $3.34Exp: 2028-11-07Common Stock (9,489 underlying)
  • Award

    Stock Option

    2021-12-08+9,7459,745 total
    Exercise: $3.16Exp: 2030-07-28Common Stock (9,745 underlying)
  • Award

    Stock Option

    2021-12-08+3,2253,225 total
    Exercise: $3.21Exp: 2027-11-08Common Stock (3,225 underlying)
  • Award

    Stock Option

    2021-12-08+4,7444,744 total
    Exercise: $3.34Exp: 2028-08-15Common Stock (4,744 underlying)
  • Award

    Stock Option

    2021-12-08+79,68379,683 total
    Exercise: $1.57Exp: 2023-03-15Common Stock (79,683 underlying)
Footnotes (6)
  • [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.
  • [F2]This stock option is fully vested and currently exercisable.
  • [F3]This stock option vests in 48 monthly installments beginning on June 1, 2018.
  • [F4]This stock option vests in 48 monthly installments beginning on November 1, 2018.
  • [F5]This stock option vests in 48 monthly installments beginning on July 27, 2020.
  • [F6]This stock option vests with respect to 50% of the options on December 9, 2021 and as to the remaining 50% in 6 monthly installments thereafter.

Issuer

Boxed, Inc.

CIK 0001828672

Entity typeother

Related Parties

1
  • filerCIK 0001871463

Filing Metadata

Form type
4
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 5:10 PM ET
Size
17.1 KB