4//SEC Filing
Marklew Shaun 4
Accession 0001104659-23-078814
CIK 0001624512other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 5:18 PM ET
Size
5.8 KB
Accession
0001104659-23-078814
Insider Transaction Report
Form 4
Boxlight CorpBOXL
Marklew Shaun
Chief Technology Officer
Transactions
- Sale
CLASS A COMMON STOCK
2023-07-03$2.22/sh−735$1,632→ 17,648 total
Footnotes (3)
- [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 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.
- [F2]Consists of (i) 1,242 shares of Class A common stock and (ii) 16,406 RSUs which remain subject to certain vesting conditions.
- [F3]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 numbers of shares after the Reverse Split.
Documents
Issuer
Boxlight Corp
CIK 0001624512
Entity typeother
Related Parties
1- filerCIK 0001905963
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 5:18 PM ET
- Size
- 5.8 KB