Miller Daryl R 4
4 · LANTRONIX INC · Filed May 15, 2018
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Miller Daryl R
VP, Engineering
Transactions
- Exercise/Conversion
Common Stock
2018-05-11$1.63/sh+11,930$19,446→ 43,302 total - Sale
Common Stock
2018-05-11$2.29/sh−11,930$27,320→ 31,372 total - Exercise/Conversion
Stock Option (Right to buy)
2018-05-11−11,930→ 0 totalExercise: $1.63Exp: 2018-09-09→ Common Stock (11,930 underlying)
Footnotes (2)
- [F1]Represent shares of common stock acquired via exercise of Stock Options granted on September 9, 2011 (the "Grant Date") under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").
- [F2]The option vests according to the following schedule: 25% of the option (8,312 shares) vested on the first anniversary of the Grant Date and the remainder of the option (24,938 shares) vest ratably each month thereafter over a period of 36 months.