Foley Patrick 4
4 · Boxlight Corp · Filed Aug 8, 2022
Insider Transaction Report
Form 4
Boxlight CorpBOXL
Foley Patrick
Chief Financial Officer
Transactions
- Sale
CLASS A COMMON STOCK
2022-05-24$0.82/sh−3,016$2,473→ 261,734 total - Sale
CLASS A COMMON STOCK
2022-06-25$0.72/sh−6,032$4,343→ 255,702 total
Footnotes (2)
- [F1]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 BOXL Class A common stock. The sales are routine, non-discretionary transactions mandated by the Issuer under the terms of 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.
- [F2]Consists of 206,250 RSUs that remain subject to vesting and 49,452 shares of BOXL Class A Common Stock.