4//SEC Filing
BRACE PHILIP G 4
Accession 0001683168-24-007693
CIK 0001114925other
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 5:00 PM ET
Size
11.1 KB
Accession
0001683168-24-007693
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
BRACE PHILIP G
Director
Transactions
- Exercise/Conversion
Common Stock
2024-11-04+8,484→ 21,154 total - Exercise/Conversion
Restricted Stock Units
2024-11-04−8,484→ 0 total→ Common Stock (8,484 underlying) - Award
Restricted Stock Units
2024-11-05+19,599→ 19,599 total→ Common Stock (19,599 underlying)
Holdings
- 24(indirect: By son)
Common Stock
- 47,000(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 7, 2023 (the "Grant Date").
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]RSUs convert into common stock on a one-for-one basis.
- [F4]The restricted stock units ("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 first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001336507
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 5:00 PM ET
- Size
- 11.1 KB