LANTRONIX INC 4
4 · LANTRONIX INC · Filed Aug 27, 2014
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Scheuerman Kurt E
VP, General Counsel
Transactions
- Award
Stock Option (Right to buy)
2014-08-26+30,000→ 30,000 totalExercise: $1.87Exp: 2021-08-26→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]The option vests according to the following schedule: 25% of the option (7,500 shares) vests on the first anniversary of the grant date and the remainder of the option (22,500 shares) shall vest ratably each month thereafter over a period of 36 months.