Sec Form 4 Filing - K Laser Technology Inc. @ Boxlight Corp - 2020-06-05

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
K Laser Technology Inc.
2. Issuer Name and Ticker or Trading Symbol
Boxlight Corp [ BOXL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1 LI HSIN 6TH RD.,, SCIENCE-BASED INDUSTRIAL PARK
3. Date of Earliest Transaction (MM/DD/YY)
06/05/2020
(Street)
HSINCHU, F5300
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/05/2020 S 707,979 D $ 1 ( 1 ) 4,181,422 ( 2 ) I See footnote ( 1 )
Class A Common Stock 06/10/2020 S 1,760,729 D $ 1 ( 3 ) 4,181,422 ( 2 ) I See footnote ( 3 )
Class A Common Stock 06/22/2020 S 869,565 A $ 1.15 ( 4 ) 5,050,987 ( 2 ) I See footnote ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
K Laser Technology Inc.
1 LI HSIN 6TH RD.,
SCIENCE-BASED INDUSTRIAL PARK
HSINCHU, F5300
X
Signatures
Kuo, Wei-Wu, Chairman K Laser Technology 06/29/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares sold by K Laser Technology Inc. direct subsidiary, Everest Display, Inc., a Taiwan corporation, to K Laser Technology Inc. indirect subsidiary, AMAGIC Holographics, Inc., a Californiacorporation
( 2 )Beneficial shares include those owned by K Laser Technology Inc. and its direct and indirect subsidiaries, Everest Display, Inc., a Taiwan corporation, Guang Feng International, Ltd., an AmericanSamoa corporation, and AMAGIC Holographics, Inc., a California corporation. K Laser Technology, Inc. is therefore the beneficial owner of all common stock reported on this Form 4.
( 3 )Shares sold by K Laser Technology Inc. indirect subsidiary, Guang Feng International, Ltd., a Taiwan limited company, to K Laser Technology Inc. indirect subsidiary, AMAGICHolographics, Inc., a California corporation.
( 4 )Shares acquired by K Laser Technology Inc. subsidiary, AMAGIC Holographics, Inc., a California corporation, in consideration for the cancellation of $1,000,000.00 in accountspayable due to Everest Display, Inc., a Taiwan corporation.

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