4//SEC Filing
Yoder Kevin 4
Accession 0001683168-19-002826
CIK 0001114925other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 5:44 PM ET
Size
8.8 KB
Accession
0001683168-19-002826
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Yoder Kevin
VP of Worldwide Sales
Transactions
- Tax Payment
Common Stock
2019-09-01$3.28/sh−4,323$14,179→ 74,845 total - Exercise/Conversion
Common Stock
2019-09-01+12,500→ 79,168 total - Exercise/Conversion
Restricted Stock Units
2019-09-01−12,500→ 37,500 total→ Common Stock (12,500 underlying)
Footnotes (2)
- [F1]Represents Restricted Stock Units ("RSUs") granted on August 31, 2018. The restricted stock units ("RSUs") vest such that (a) 25% of the shares (12,500 shares) vested on September 1, 2019, the one-year anniversary of the grant date and (b) 1/16 of the shares (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, 4,323 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 0001669090
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 5:44 PM ET
- Size
- 8.8 KB