EVASHENK MARGARET A 4
4 · LANTRONIX INC · Filed Aug 4, 2020
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
EVASHENK MARGARET A
Director
Transactions
- Exercise/Conversion
Common Stock
2020-08-01+1,315→ 7,630 total - Exercise/Conversion
Restricted Stock Units
2020-08-01−1,315→ 0 total→ Common Stock (1,315 underlying)
Footnotes (3)
- [F1]Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on August 1, 2019 (the "Grant Date").
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]The restricted stock units ("RSUs") 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.