Yoder Kevin 4
4 · LANTRONIX INC · Filed Sep 4, 2019
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.