4//SEC Filing
Zimowski Mark 4
Accession 0001871463-23-000007
CIK 0001828672other
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 7:30 PM ET
Size
422.6 KB
Accession
0001871463-23-000007
Insider Transaction Report
Form 4
Boxed, Inc.BOXD
Zimowski Mark
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted stock units
2023-01-26−106,666→ 213,334 total→ Common Stock (106,666 underlying) - Exercise/Conversion
Common Stock
2023-01-27+106,666→ 106,666 total - Sale
Common Stock
2023-01-27$0.48/sh−50,358$24,212→ 56,308 total
Footnotes (4)
- [F1]Each restricted stock unit (RSU) represents the contingent right to receive one share of the Issuer's common stock.
- [F2]The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of vested RSUs. These sales are mandated by the Issuer's election under its equity incentive plan to require the satisfaction of tax withholding obligations in connection with the RSUs reported to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
- [F3]The price reported in Column 4 is a weighted average per share sales price. These shares were sold in multiple transactions at prices ranging from $0.48 to $0.4912, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]On March 16, 2022, the Reporting Person was granted 320,000 RSUs, vesting in three equal annual installments beginning on December 9, 2022.
Issuer
Boxed, Inc.
CIK 0001828672
Entity typeother
Related Parties
1- filerCIK 0001871463
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 7:30 PM ET
- Size
- 422.6 KB