Greg Wiggins - 13 Jan 2025 Form 4 Insider Report for Boxlight Corp (BOXL)

Signature
/s/ Greg Wiggins
Issuer symbol
BOXL
Transactions as of
13 Jan 2025
Net transactions value
-$69.29
Form type
4
Filing time
15 Jan 2025, 16:28:24 UTC
Previous filing
29 Aug 2024
Next filing
04 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOXL CLASS A COMMON STOCK Sale $69.29 -169 -2.1% $0.4100 7,806 13 Jan 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") held by the Reporting Person. Upon vesting of the RSUs, the sales are automatic, routine, non-discretionary transactions mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by "sell to cover" transactions. These transactions are exempt under Section 16b-3 and do not represent discretionary trades by the Reporting Person.
F2 Consists of (i) 1,837 shares of Class A common stock and (ii) 5,969 RSUs which remain subject to certain vesting conditions.