4//SEC Filing
Yoder Kevin 4
Accession 0001683168-18-001613
CIK 0001114925other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 4:30 PM ET
Size
9.3 KB
Accession
0001683168-18-001613
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Yoder Kevin
VP of Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2018-06-05$0.86/sh+30,000$25,800→ 89,668 total - Sale
Common Stock
2018-06-05$3.39/sh−30,000$101,700→ 59,668 total - Exercise/Conversion
Stock Option (Right to buy)
2018-06-05−30,000→ 70,000 totalExercise: $0.86Exp: 2023-04-02→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Represents shares of common stock acquired via exercise of Stock Options granted on April 1, 2016 (the "Grant Date") pursuant to an Inducement Stock Option Agreement.
- [F2]This transaction was executed in multiple trades at prices ranging from $3.38 to $3.43. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]The option vests according to the following schedule: (i) 25% of the option (25,000 shares) vested on April 1, 2017, which was the one year anniversary of the Vesting Commencement Date (April 1, 2016) and (ii) 1/48 of the option vests on each monthly anniversary of the Vesting Commencement Date thereafter, such that 100% of the option will be fully vested on the four year anniversary of the Vesting Commencement Date.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001669090
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 4:30 PM ET
- Size
- 9.3 KB