Awsare Saleel 4
4 · LANTRONIX INC · Filed Jul 2, 2025
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Awsare Saleel
DirectorPresident & CEO
Transactions
- Award
Common Stock
2025-07-01+23,295→ 297,666 total - Tax Payment
Common Stock
2025-07-01$2.82/sh−10,199$28,761→ 287,467 total - Exercise/Conversion
Restricted Stock Units
2025-07-01−23,295→ 46,599 total→ Common Stock (23,295 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted on July 1, 2024. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on July 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2027
- [F2]In accordance with the terms of the applicable RSU award agreements, 10,199 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.