4//SEC Filing
Miller Daryl R 4
Accession 0001683168-18-001710
CIK 0001114925other
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 4:53 PM ET
Size
8.9 KB
Accession
0001683168-18-001710
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Miller Daryl R
VP, Engineering
Transactions
- Tax Payment
Common Stock
2018-06-14$2.75/sh−421$1,158→ 32,966 total - Exercise/Conversion
Common Stock
2018-06-14+1,250→ 33,387 total - Exercise/Conversion
Restricted Stock Units
2018-06-14−1,250→ 11,250 total→ Common Stock (1,250 underlying)
Footnotes (2)
- [F1]Represents Restricted Stock Units ("RSUs") granted on September 14, 2016. The restricted stock units ("RSUs") vest such that (a) 25% of the shares (5,000 shares) vested on September 14, 2017, the one-year anniversary of the grant date and (b) 1/16 of the shares (1,250 shares) vest quarterly thereafter, such that one hundred percent (100%) of the RSUs will be fully vested on the four-year anniversary of the grant date.
- [F2]In accordance with the terms of the RSU Agreement, 421 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001570276
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 4:53 PM ET
- Size
- 8.9 KB