4//SEC Filing
Hoff Kurt W 4
Accession 0001683168-25-001311
CIK 0001114925other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 8:01 PM ET
Size
8.9 KB
Accession
0001683168-25-001311
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Hoff Kurt W
Chief Revenue Officer
Transactions
- Tax Payment
Common Stock
2025-03-01$2.56/sh−7,466$19,113→ 13,333 total - Exercise/Conversion
Common Stock
2025-03-01+20,799→ 20,799 total - Exercise/Conversion
Restricted Stock Units
2025-03-01−20,799→ 41,605 total→ Common Stock (20,799 underlying)
Footnotes (2)
- [F1]Represents inducement restricted stock units ("Inducement RSUs") granted on March 5, 2024. The shares subject to the Inducement RSUs shall vest such that one-third (1/3) of the shares vest on March 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on June 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on March 1, 2027
- [F2]In accordance with the terms of the RSU Agreement, 7,466 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 0001404942
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 8:01 PM ET
- Size
- 8.9 KB