4//SEC Filing
Foley Patrick 4
Accession 0001104659-22-044201
CIK 0001624512other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 4:07 PM ET
Size
7.2 KB
Accession
0001104659-22-044201
Insider Transaction Report
Form 4
Boxlight CorpBOXL
Foley Patrick
Chief Financial Officer
Transactions
- Sale
CLASS A COMMON STOCK
2022-03-31$1.20/sh−5,875$7,031→ 264,750 total - Award
CLASS A COMMON STOCK
2022-02-24+100,000→ 270,625 total
Footnotes (3)
- [F1]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.
- [F2]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 under its equity incentive plan which requires 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. Each RSU represents the right to receive one share of BOXL Class A Common Stock upon vesting.
- [F3]Consists of 225,000 RSUs that remain subject to vesting and 39,750 shares of BOXL Class A Common Stock.
Documents
Issuer
Boxlight Corp
CIK 0001624512
Entity typeother
Related Parties
1- filerCIK 0001886995
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 4:07 PM ET
- Size
- 7.2 KB