4//SEC Filing
Brown Curtis D 4
Accession 0001019687-09-004246
CIK 0001114925other
Filed
Nov 19, 7:00 PM ET
Accepted
Nov 20, 2:12 PM ET
Size
7.5 KB
Accession
0001019687-09-004246
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Brown Curtis D
Director
Transactions
- Award
Common Stock
2009-11-19+150,943→ 153,943 total - Award
Stock Option (Right to buy)
2009-11-18+140,292→ 140,292 totalExercise: $0.51From: 2010-11-17Exp: 2019-11-18→ Common Stock (140,292 underlying)
Footnotes (1)
- [F1]Grant to Reporting Person of an option to purchase 140,292 shares of Common Stock under the Issuer's 2000 Stock Plan. The option vests and becomes exercisable as to 70,146 shares on November 17, 2010 and as to 1/24th of the remaining shares each month thereafter so as to be 100% vested approximately three years following the grant date. Notwithstanding the foregoing vesting schedule, vesting may accelerate upon the Company being acquired in a change of control transaction.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001411418
Filing Metadata
- Form type
- 4
- Filed
- Nov 19, 7:00 PM ET
- Accepted
- Nov 20, 2:12 PM ET
- Size
- 7.5 KB