4//SEC Filing
Busch Kurt 4
Accession 0001019687-11-002915
CIK 0001114925other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 2:14 PM ET
Size
5.5 KB
Accession
0001019687-11-002915
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Busch Kurt
President and CEO
Transactions
- Award
Stock Option (Right to buy)
2011-08-23+350,000→ 350,000 totalExercise: $1.94Exp: 2018-08-23→ Common Stock (350,000 underlying)
Footnotes (1)
- [F1]The stock option shall be an incentive stock option to the extent permitted by the $100,000 rule of Internal Revenue Code Section 422(d). The stock options vest according to the following schedule: 25% (87,500) of the options vest on 08/23/2012 and the remaining options shall vest ratably each month thereafter for a period of 36 months, subject to Mr. Busch remaining a Service Provider to the Company through such dates (as defined in the Company's 2010 Stock Plan).
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001528759
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 2:14 PM ET
- Size
- 5.5 KB