Filing Details

Accession Number:
0001871463-23-000007
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-30 19:30:47
Reporting Period:
2023-01-26
Accepted Time:
2023-01-30 19:30:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1828672 Boxed Inc. BOXD Retail-Catalog & Mail-Order Houses (5961) 853316188
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1871463 Mark Zimowski 61 Broadway
Floor 30
New York NY 10006
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
Common Stock Acquisiton 2023-01-27 106,666 $0.00 106,666 No 4 M Direct
Common Stock Disposition 2023-01-27 50,358 $0.48 56,308 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted stock units Disposition 2023-01-26 106,666 $0.00 106,666 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
213,334 No 4 M Direct
Footnotes
  1. Each restricted stock unit (RSU) represents the contingent right to receive one share of the Issuer's common stock.
  2. 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.
  3. 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.
  4. On March 16, 2022, the Reporting Person was granted 320,000 RSUs, vesting in three equal annual installments beginning on December 9, 2022.