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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/27/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1624512 |
| Issuer Name: Boxlight Corp |
| Issuer Trading Symbol: BOXL |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1905963 |
| | Owner Name: Marklew Shaun |
| Reporting Owner Address: |
| | Owner Street 1: C/O BOXLIGHT CORPORATION |
| | Owner Street 2: 2750 PREMIERE PARKWAY |
| | Owner City: DULUTH |
| | Owner State: GA |
| | Owner ZIP Code: 30097 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Technology Officer |
| | Other Text: |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: CLASS A COMMON STOCK |
| | Transaction Date: |
| | | Value: 3/27/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 735 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.675 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 30,907 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - 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. |
| Footnote - F2: Consists of (i) 6,130 shares of Class A common stock and (ii) 24,777 RSUs which remain subject to certain vesting conditions. |
| Owner Signature: |
| Signature Name: /s/ Shaun Marklew |
| Signature Date: 3/29/24 |
