Foley Patrick 4
4 · Boxlight Corp · Filed Nov 22, 2021
Insider Transaction Report
Form 4
Boxlight CorpBOXL
Foley Patrick
Chief Financial Officer
Transactions
- Sale
CLASS A COMMON STOCK
2021-07-28$2.16/sh−5,875$12,690→ 182,375 total - Sale
CLASS A COMMON STOCK
2021-05-24$2.22/sh−11,750$26,085→ 188,250 total - Sale
CLASS A COMMON STOCK
2021-10-14$2.21/sh−5,875$12,984→ 176,500 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 stock units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require 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.
- [F2]Of the reported shares, 150,000 shares are represented by RSUs which remain subject to quarterly vesting.