MATTHEWS GARY S 4

4 · Boxed, Inc. · Filed Jan 25, 2022

Form 4

Period: 2022-01-21

Other

Transactions

Other
Private Placement Warrants
2022-01-21+330,000→ 330,000 total
Exercise: $11.50→ Common stock (330,000 underlying)
Other
Common stock
2022-01-21+1,396,321→ 1,416,321 total
Other
Common stock
2022-01-21−5,120,300→ 82,000 total(indirect: By LLC)
Other
Private Placement Warrants
2022-01-21−5,587,500→ 0 total(indirect: By LLC)
Exercise: $11.50→ Common stock (5,587,500 underlying)

Footnotes (4)

[F1]Seven Oaks Sponsor LLC distributed these securities to its members on a pro rata basis, for no consideration.
[F2]Pro rata distribution from Seven Oaks Sponsor LLC, of which the Reporting Person has voting and investment control.
[F3]Gary S. Matthews is a manager of Seven Oaks Sponsor LLC and shares voting and investment discretion with respect to the securities held of record by Seven Oaks Sponsor LLC. Mr. Matthews disclaims any beneficial ownership of the securities held by Seven Oaks Sponsor LLC, except to the extent of his pecuniary interest therein.
[F4]The Private Placement Warrants were purchased by Seven Oaks Sponsor LLC concurrently with the closing of the initial public offering of Seven Oaks Acquisition Corp., predecessor to the Registrant. Each Private Placement Warrant is exercisable for one share of common stock of the Registrant at an exercise price of $11.50 per share of common stock, subject to certain adjustments. The Private Placement Warrants expire on December 8, 2026 or earlier upon redemption or liquidation.

Documents

2 files