FOLINO PAUL F 4
4 · LANTRONIX INC · Filed Nov 10, 2022
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
FOLINO PAUL F
Director
Transactions
- Exercise/Conversion
Common Stock
2022-11-09+5,042→ 34,052 total - Exercise/Conversion
Restricted Stock Units
2022-11-09−5,042→ 0 total→ Common Stock (5,042 underlying) - Award
Restricted Stock Units
2022-11-08+12,909→ 12,909 total→ Common Stock (12,909 underlying)
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 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.