HALE MARTIN M JR 4
4 · LANTRONIX INC · Filed Nov 7, 2019
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
HALE MARTIN M JR
Director10% Owner
Transactions
- Award
Stock Option (Right to buy)
2019-11-05+25,000→ 25,000 totalExercise: $3.04Exp: 2026-11-05→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The stock options shall vest monthly at the rate of 1/12 of the Shares per month, such that one hundred percent (100%) of the Shares will be fully vested on the one (1) year anniversary of the Grant Date.
- [F2]Martin Hale, Jr. holds the Stock Options listed in this Form 4 (and any shares of Common Stock issuable upon vesting thereof) for the benefit of Hale Capital Partners, LP.