Yoder Kevin 4
4 · LANTRONIX INC · Filed Dec 3, 2019
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Yoder Kevin
VP of Worldwide Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-12-01−3,125→ 34,375 total→ Common Stock (3,125 underlying) - Exercise/Conversion
Common Stock
2019-12-01+3,125→ 85,686 total - Tax Payment
Common Stock
2019-12-01$3.36/sh−1,081$3,632→ 84,605 total
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, 1,081 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.