Busch Kurt 4
4 · LANTRONIX INC · Filed Aug 27, 2012
Insider Transaction Report
Form 4
LANTRONIX INCLNTX
Busch Kurt
President and CEO
Transactions
- Award
Stock Option (Right to buy)
2012-08-23+100,000→ 100,000 totalExercise: $2.03Exp: 2019-08-23→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The options vests according to the following schedule: 25% of the option (25,000 shares) vests on the first anniversary of the grant date and the remainder of the option (75,000 shares) shall vest ratably each month thereafter over a period of 36 months.