4//SEC Filing
Pickle Paul H 4
Accession 0001683168-23-003907
CIK 0001114925other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 4:31 PM ET
Size
8.8 KB
Accession
0001683168-23-003907
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Pickle Paul H
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2023-06-01+15,625→ 678,714 total - Tax Payment
Common Stock
2023-06-01$4.36/sh−5,403$23,557→ 673,311 total - Exercise/Conversion
Restricted Stock Units
2023-06-01−15,625→ 0 total→ Common Stock (15,625 underlying)
Footnotes (2)
- [F1]Represents inducement restricted stock units ("Inducement RSUs") granted on May 1, 2019. The shares subject to the Inducement RSUs shall vest according to the following schedule: 62,500 of the Inducement RSUs vested on June 1, 2020, and the remaining Inducement RSUs shall vest ratably each quarter thereafter for a period of 3 years. Each Inducement RSU represents the right to receive one share of the issuer's common stock.
- [F2]In accordance with the terms of the RSU Agreement, 5,403 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001568957
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 4:31 PM ET
- Size
- 8.8 KB