LANTRONIX INC 4
4 · LANTRONIX INC · Filed Sep 15, 2016
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Scheuerman Kurt E
VP, General Counsel
Transactions
- Award
Stock Option (Right to Buy)
2016-09-14+50,000→ 50,000 totalExercise: $1.37Exp: 2023-09-14→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The option vests according to the following schedule: 25% of the option (12,500 shares) vests on the first anniversary of the grant date and the remainder of the option (37,500 shares) shall vest ratably each month thereafter over a period of 36 months.