Steele Christa 4
4 · LANTRONIX INC · Filed Jul 25, 2024
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Steele Christa
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-07-24−5,166→ 5,166 total→ Common Stock (5,166 underlying) - Exercise/Conversion
Common Stock
2024-07-24+5,166→ 5,166 total
Holdings
- 11,630(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on January 24, 2024 (the "Grant Date").
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]The RSUs will 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 earlier to occur of (a) the first anniversary of the Corporation's 2023 annual meeting of stockholders and (b) the day immediately preceding the date of the first annual meeting of the Corporation's stockholders at which one or more members of the Corporation's Board of Directors are to be elected that occurs in the 2024 annual meeting of stockholders .