Boxwood Sponsor LLC 4
4 · Boxwood Merger Corp. · Filed Nov 23, 2018
Insider Transaction Report
Form 4
Boxwood Sponsor LLC
10% Owner
Transactions
- Purchase
Warrant
2018-11-20+3,750,000→ 3,750,000 totalExercise: $11.50→ Class A Common Stock (3,750,000 underlying) - Purchase
Class A Common Stock
2018-11-20+250,000→ 250,000 total
Footnotes (3)
- [F1]Boxwood Sponsor LLC (the "Sponsor") acquired an aggregate of 250,000 units (each a "Private Placement Unit") at a price of $10.00 per unit, $2,500,000 in the aggregate and 3,500,000 warrants (each a "Private Placement Warrant") at a price of $1.00 per warrant, $3,500,000 in the aggregate, in a private placement that closed simultaneously with the closing of Boxwood Merger Corp.'s (the "Issuer") initial public offering. Each Private Placement Unit consists of one share of the Issuer's Class A common stock and one Private Placement Warrant.
- [F2]The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or November 20, 2019.
- [F3]The warrants expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.