4//SEC Filing
Bass Eric 4
Accession 0001683168-24-001279
CIK 0001114925other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:54 PM ET
Size
8.8 KB
Accession
0001683168-24-001279
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Bass Eric
VP of Engineering
Transactions
- Exercise/Conversion
Common Stock
2024-03-01+14,816→ 19,247 total - Tax Payment
Common Stock
2024-03-01$4.15/sh−4,392$18,227→ 14,855 total - Exercise/Conversion
Restricted Stock Units
2024-03-01−14,816→ 44,451 total→ Common Stock (14,816 underlying)
Footnotes (2)
- [F1]Represents inducement restricted stock units ("Inducement RSUs") granted on February 1, 2023. The shares subject to the Inducement RSUs shall vest according to the following schedule: 14,816 of the Inducement RSUs shall vest on March 1, 2024, and the remaining Inducement RSUs shall vest 1/12th each quarter thereafter for a period of 3 years.
- [F2]In accordance with the terms of the RSU Agreement, 4,392 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 0001963606
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:54 PM ET
- Size
- 8.8 KB