PRINTER HOSHI 4
4 · LANTRONIX INC · Filed May 10, 2023
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
PRINTER HOSHI
Director
Transactions
- Exercise/Conversion
Common Stock
2023-05-08+6,454→ 137,652 total - Exercise/Conversion
Restricted Stock Units
2023-05-08−6,454→ 6,455 total→ Common Stock (6,454 underlying)
Footnotes (3)
- [F1]Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 8, 2022 (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.