4//SEC Filing
Gurusamy Mathi 4
Accession 0001683168-25-004901
CIK 0001114925other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 8:31 PM ET
Size
8.9 KB
Accession
0001683168-25-004901
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Gurusamy Mathi
***See Remarks
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.
Documents
Issuer
LANTRONIX INC
CIK 0001114925
Entity typeother
Related Parties
1- filerCIK 0002021595
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 8:31 PM ET
- Size
- 8.9 KB