4//SEC Filing
Hoff Kurt W 4
Accession 0001683168-25-006672
CIK 0001114925other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 8:12 PM ET
Size
12.9 KB
Accession
0001683168-25-006672
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Hoff Kurt W
Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Stock
2025-09-01+5,201→ 35,237 total - Tax Payment
Common Stock
2025-09-01$4.97/sh−2,652$13,180→ 32,585 total - Exercise/Conversion
Restricted Stock Units
2025-09-01−5,201→ 31,204 total→ Common Stock (5,201 underlying) - Exercise/Conversion
Common Stock
2025-09-01+3,469→ 30,036 total - Exercise/Conversion
Restricted Stock Units
2025-09-01−3,469→ 24,281 total→ Common Stock (3,469 underlying)
Footnotes (3)
- [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]Represents restricted stock units ("RSUs") granted on March 5, 2024. The restricted stock units ("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.
- [F3]In accordance with the terms of the RSU Agreement, 2,652 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
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 8:12 PM ET
- Size
- 12.9 KB