4//SEC Filing
Awsare Saleel 4
Accession 0001683168-25-004899
CIK 0001114925other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 8:31 PM ET
Size
8.9 KB
Accession
0001683168-25-004899
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.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0001733464
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 8:31 PM ET
- Size
- 8.9 KB