SEC Form 5 · accession 0001493152-18-002871
Boxlight Corp · BOXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Ross Pope
Officer — PRESIDENT · Director
Period of report
Dec 31, 2017
Accepted (ET)
Mar 5, 2018 · 11:08 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001624512
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jun 5, 2017 | S | 60,000 | $7.00 | D | 577,453 | I | The shares are owned by Sugar House Trust. Mr. Pope is a beneficiary of the trust. |
| Class A Common StockF2,F3 | Jun 29, 2017 | J | 82,534 | $6.30 | A | 659,987 | I | The shares are owned by The Marlborough Trust. Mr. Pope is a beneficiary of the trust. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1330,136 shares (the "Shares") were issued to The Marlborough Trust upon conversion of a 4% $2,000,000 convertible promissory note of the Issuer dated April 1, 2016 due to The Marlborough Trust (the "Note"). The Note was converted pursuant to a note conversion agreement, between the Issuer and The Marlborough Trust. Mr. Pope has a pecuniary interest solely with respect to 25% percent of the Shares.
- F2Represents 25% of the Shares owned by The Marlborough Trust in which Mr. Pope has a pecuniary interest after the conversion of the Note.
- F3Reflects the Note conversion price.