Boxed (BOXD) director Matthews acquired 6,516,621 shares
Insider transactions reported
Gary S Matthews (director at Boxed Inc., BOXD) reported that they acquired 6,516,621 shares on Jan 21, 2022. After these transactions the filing shows 1,416,321 shares held directly and 82,000 shares held indirectly (By Seven Oaks Sponsor LLC).
- Reporting person
- Matthews Gary S
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 21, 2022 | Other acquisition or disposition (J) | Common stock1 | +1,396,321 | - | - | 1,416,321 direct |
| Jan 21, 2022 | Other acquisition or disposition (J) | Common stock2, 3 | -5,120,300 | - | - | 82,000 indirect |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 21, 2022 | Other acquisition or disposition (J) | Private Placement WarrantsOn 5,587,500 Common stock1, 3, 4 | -5,587,500 | - | - | 0 indirect |
| Jan 21, 2022 | Other acquisition or disposition (J) | Private Placement WarrantsOn 330,000 Common stock2, 4 | +330,000 | - | - | 330,000 direct |
Holdings before and after
- Common stock: 20,000 to 1,416,321 direct
- Common stock: 5,202,300 to 82,000 indirect, By Seven Oaks Sponsor LLC
- Private Placement Warrants: 5,587,500 to 0 indirect, By Seven Oaks Sponsor LLC
- Private Placement Warrants: 0 to 330,000 direct
Footnotes from the filing
- 1. Seven Oaks Sponsor LLC distributed these securities to its members on a pro rata basis, for no consideration.
- 2. Pro rata distribution from Seven Oaks Sponsor LLC, of which the Reporting Person has voting and investment control.
- 3. Gary S. Matthews is a manager of Seven Oaks Sponsor LLC and shares voting and investment discretion with respect to the securities held of record by Seven Oaks Sponsor LLC. Mr. Matthews disclaims any beneficial ownership of the securities held by Seven Oaks Sponsor LLC, except to the extent of his pecuniary interest therein.
- 4. The Private Placement Warrants were purchased by Seven Oaks Sponsor LLC concurrently with the closing of the initial public offering of Seven Oaks Acquisition Corp., predecessor to the Registrant. Each Private Placement Warrant is exercisable for one share of common stock of the Registrant at an exercise price of $11.50 per share of common stock, subject to certain adjustments. The Private Placement Warrants expire on December 8, 2026 or earlier upon redemption or liquidation.
Transaction codes in this filing
- Other acquisition or disposition:
- Code J marks a transaction that fits no other code. The footnotes describe what happened.
FAQ
What did Matthews report in this BOXD Form 4?
Gary S Matthews (director at Boxed Inc., BOXD) reported that they acquired 6,516,621 shares on Jan 21, 2022. After these transactions the filing shows 1,416,321 shares held directly and 82,000 shares held indirectly (By Seven Oaks Sponsor LLC).
How many BOXD shares does Matthews hold after this filing?
The filing shows 1,416,321 shares held directly, 82,000 shares held indirectly (By Seven Oaks Sponsor LLC) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code J mean on an SEC Form 4?
Code J marks a transaction that fits no other code. The footnotes describe what happened.
Historical context for BOXD
Earlier insider filings at BOXD
- Jan 8, 2022SEC Form 4 filed by Williams Darrell B. (Amendment)
- Jan 7, 2022SEC Form 4 filed by Zimowski Mark (Amendment)
- Jan 7, 2022SEC Form 4: Yaman Jared was granted 1,602,314 shares (Amendment)
- Jan 7, 2022SEC Form 4 filed by Weick Alison (Amendment)
- Jan 7, 2022SEC Form 4: Huang Chieh E. was granted 2,295,813 shares (Amendment)
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