Nance Henry's Form 4/A amendment
AmendedBoxlight Corp (BOXL) · filed Jun 7, 2022
- Accession no.
- 0001104659-22-069077
- Filed
- Jun 7, 2022
- Trade date
- May 24, 2022
- Filing delay
- 14 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jun 2, 2022
This filing lists 1 non-derivative transaction. Open-market sales total $1.65K. It was filed 14 days after the trade.
This amendment replaces 0001104659-22-067601 (filed Jun 2, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Nance HenryCIK 0001650636 | Officer (Chief Operating Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 24, 2022 | CLASS A COMMON STOCK | SSaleDisposed | −1,937 | $0.85 | −$1,646.45 | 222,804 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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 some 6,250 RSUs held by the Reporting Person. This sale is mandated by the Issuer under its equity incentive plan in order to satisfy the Reporting Person's tax withholding obligations which are funded by a "sell to cover" transaction. This transaction is exempt under Section 16b-3 and does not represent a discretionary trade by the Reporting Person.
- F2
Consists of (i) 129,054 shares of Class A common stock and (ii) 93,750 RSUs which remain subject to certain vesting conditions.
Remarks
This Form 4 is being amended to correct an error in the Form 4 filed on June 2, 2022, which had improperly indicated that an additional issuance of RSUs had occurred. In fact, no additional issuance of RSUs had occurred and only a vesting of certain stock with a simultaneous sale into the market to cover the tax withholding obligations in relation to such vesting. As a result, this Form 4/A is being filed to correct the total number of shares held as well as report the "sell to cover" transaction.