LANTRONIX INC 4
4 · LANTRONIX INC · Filed Aug 23, 2013
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Busch Kurt
President and CEO
Transactions
- Award
Stock Option (Right to buy)
2013-08-22+120,000→ 120,000 totalExercise: $1.56Exp: 2020-08-22→ Common Stock (120,000 underlying)
Footnotes (1)
- [F1]. The option vests according to the following schedule: 25% of the option (30,000 shares) vests on the first anniversary of the grant date and the remainder of the option (90,000 shares) shall vest ratably each month thereafter over a period of 36 months.