Gurusamy Mathi 4
4 · LANTRONIX INC · Filed Jul 2, 2025
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Gurusamy Mathi
Chief Product & Strategy Ofcr
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-07-01−13,335→ 26,676 total→ Common Stock (13,335 underlying) - Exercise/Conversion
Common Stock
2025-07-01+13,335→ 53,626 total - Tax Payment
Common Stock
2025-07-01$2.82/sh−4,771$13,454→ 48,855 total
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 RSU Agreement, 4,771 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.