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4//SEC Filing

LANTRONIX INC 4

Accession 0001019687-16-005951

$LTRXCIK 0001114925operating

View on SEC.gov Company Profile

Filed

Apr 19, 8:00 PM ET

Accepted

Apr 20, 4:30 PM ET

Size

7.8 KB

Accession

0001019687-16-005951

Insider Transaction Report

Form 4

Period: 2016-04-01

LANTRONIX INCLTRX

Chief Technology Officer

Transactions

Award
Stock Option (Right to buy)
2016-04-01+100,000→ 100,000 total
Exercise: $0.86Exp: 2023-04-01→ Common Stock (100,000 underlying)
Award
Stock Option (Right to buy)
2016-04-01+50,000→ 50,000 total
Exercise: $0.86Exp: 2023-04-01→ Common Stock (50,000 underlying)

Footnotes (2)

[F1]The option vests according to the following schedule: 25% of the option (25,000 shares) vests on April 1, 2017 and the remainder of the option (75,000 shares) shall vest ratably each month thereafter over a period of 36 months.
[F2]The option vests according to the following schedule: 25% of the option (12,500 shares) vests on September 1, 2017 and the remainder of the option (37,500 shares) shall vest ratably each month thereafter over a period of 36 months.

Documents

1 file

4
datla_f4.xmlPrimary
FORM 4

Issuer

LANTRONIX INC

CIK 0001114925

Entity typeoperating

IncorporatedDE

Related Parties

1

filerCIK 0001114925

Filing Metadata

Form type: 4
Filed: Apr 19, 8:00 PM ET
Accepted: Apr 20, 4:30 PM ET
Size: 7.8 KB

View on SEC.gov