Andrew C. Pearson - 10 Jun 2022 Form 4 Insider Report for Boxed, Inc.

Role
Director
Signature
/s/ Keri Fessler, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
10 Jun 2022
Net transactions value
+$272,390
Form type
4
Filing time
14 Jun 2022, 16:40:30 UTC
Previous filing
10 Dec 2021
Next filing
19 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXD Common Stock Purchase $22,420 +10,000 +2.4% $2.24* 425,589 10 Jun 2022 Direct F1, F2
transaction BOXD Common Stock Purchase $23,297 +10,000 +2.3% $2.33* 435,589 10 Jun 2022 Direct F3
transaction BOXD Common Stock Purchase $23,719 +10,000 +2.3% $2.37* 445,589 10 Jun 2022 Direct F4
transaction BOXD Common Stock Purchase $46,160 +25,000 +5.6% $1.85* 470,589 13 Jun 2022 Direct F5
transaction BOXD Common Stock Purchase $43,718 +25,000 +5.3% $1.75* 495,589 13 Jun 2022 Direct F6
transaction BOXD Common Stock Purchase $43,730 +25,000 +5% $1.75* 520,589 13 Jun 2022 Direct F7
transaction BOXD Common Stock Purchase $31,846 +20,000 +3.8% $1.59* 540,589 14 Jun 2022 Direct F8
transaction BOXD Common Stock Purchase $37,500 +25,000 +4.6% $1.50* 565,589 14 Jun 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.23 to $2.25. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F2 Includes 395,589 shares of Common Stock acquired in a pro rata distribution in-kind, the acquisition of which was exempt pursuant to Rule 16a-9, of which 121,005 shares remain subject to forfeiture in the event the Issuer's common stock price does not exceed certain hurdles prior to December 8, 2026.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.30 to $2.36. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.35 to $2.40. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.83 to $1.86. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.73 to $1.75. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F7 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.74 to $1.75. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
F8 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.565 to $1.61. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

Remarks:

Exhibit 24 - Power of Attorney.