4//SEC Filing
Miller Daryl R 4
Accession 0001683168-18-002136
CIK 0001114925other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 6:26 PM ET
Size
8.9 KB
Accession
0001683168-18-002136
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Miller Daryl R
VP, Engineering
Transactions
- Exercise/Conversion
Common Stock
2018-08-01$2.03/sh+20,000$40,600→ 52,966 total - Exercise/Conversion
Stock Option (Right to buy)
2018-08-01−20,000→ 0 totalExercise: $2.03Exp: 2019-08-23→ Common Stock (20,000 underlying) - Tax Payment
Common Stock
2018-08-01$3.18/sh−12,767$40,599→ 40,199 total
Footnotes (3)
- [F1]Represents shares of common stock acquired via exercise of Stock Options granted on August 23, 2012 (the "Grant Date") under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").
- [F2]Constitutes previously owned shares surrendered to cover the exercise price of the option being exercised through a stock swap.
- [F3]The option vested according to the following schedule: 25% of the option (5,000 shares) vested on the first anniversary of the Grant Date and the remainder of the option (15,000 shares) vested ratably each month thereafter over a period of 36 months.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001570276
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 6:26 PM ET
- Size
- 8.9 KB