4//SEC Filing
Holliday Roger 4
Accession 0001683168-23-006313
CIK 0001114925other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 4:13 PM ET
Size
8.8 KB
Accession
0001683168-23-006313
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Holliday Roger
VP of Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2023-09-01+3,125→ 129,637 total - Tax Payment
Common Stock
2023-09-01$3.96/sh−1,081$4,281→ 128,556 total - Exercise/Conversion
Restricted Stock Units
2023-09-01−3,125→ 6,250 total→ Common Stock (3,125 underlying)
Footnotes (2)
- [F1]Represents inducement restricted stock units ("Inducement RSUs") granted on February 4, 2020. The shares subject to the Inducement RSUs shall vest according to the following schedule: 12,500 of the Inducement RSUs vested on March 1, 2021, and the remaining Inducement RSUs shall vest 1/12th 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, 1,081 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 0001801318
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 4:13 PM ET
- Size
- 8.8 KB