EVASHENK MARGARET A 4
4 · LANTRONIX INC · Filed May 11, 2022
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
EVASHENK MARGARET A
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-05-09−5,042→ 5,042 total→ Common Stock (5,042 underlying) - Exercise/Conversion
Common Stock
2022-05-09+5,042→ 27,672 total
Footnotes (3)
- [F1]Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 9, 2021 (the "Grant Date").
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]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.