HALE MARTIN M JR 4
4 · LANTRONIX INC · Filed Nov 15, 2018
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
HALE MARTIN M JR
Director10% Owner
Transactions
- Award
Restricted Stock Units
2018-11-13+10,000→ 10,000 total→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The restricted stock units ("RSUs") will vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.
- [F2]Martin Hale, Jr. holds the RSUs listed in this Form 4 (and any shares of Common Stock issuable upon exercise thereof) for the benefit of Hale Capital Partners, LP.