Filing Details

Accession Number:
0001104659-22-044201
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-04-08 16:07:02
Reporting Period:
2022-02-24
Accepted Time:
2022-04-08 16:07:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1624512 Boxlight Corp BOXL Services-Educational Services (8200) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1886995 Patrick Foley C/O Boxlight Corporation
1045 Progress Circle
Lawrenceville GA 30043
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-02-24 100,000 $0.00 270,625 No 4 A Direct
Class A Common Stock Disposition 2022-03-31 5,875 $1.20 264,750 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. The reporting person received an award of 100,000 restricted stock units ("RSUs") on February 24, 2022, with such RSUs vesting quarterly in equal installments over four (4) years, with the initial vesting occurring on May 24, 2022. Each RSU represents the right to receive one share of BOXL Class A Common Stock.
  2. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer under its equity incentive plan which requires 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. Each RSU represents the right to receive one share of BOXL Class A Common Stock upon vesting.
  3. Consists of 225,000 RSUs that remain subject to vesting and 39,750 shares of BOXL Class A Common Stock.