EVASHENK MARGARET A 4
4 · LANTRONIX INC · Filed Nov 5, 2020
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
EVASHENK MARGARET A
Director
Transactions
- Exercise/Conversion
Common Stock
2020-11-05+5,000→ 12,630 total - Exercise/Conversion
Restricted Stock Units
2020-11-05−5,000→ 0 total→ Common Stock (5,000 underlying) - Award
Restricted Stock Units
2020-11-03+10,000→ 10,000 total→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]The restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [F2]The RSUs will 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.
- [F3]Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 5, 2019 (the "Grant Date").
- [F4]RSUs convert into common stock on a one-for-one basis.
- [F5]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.