4//SEC Filing
Gurusamy Mathi 4
Accession 0001683168-25-008868
CIK 0001114925other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 9:00 PM ET
Size
13.0 KB
Accession
0001683168-25-008868
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Gurusamy Mathi
***See Remarks
Transactions
- Exercise/Conversion
Common Stock
2025-12-01+3,334→ 59,453 total - Exercise/Conversion
Common Stock
2025-12-01+7,975→ 67,428 total - Tax Payment
Common Stock
2025-12-01$5.21/sh−4,045$21,074→ 63,383 total - Exercise/Conversion
Restricted Stock Units
2025-12-01−3,335→ 20,007 total→ Common Stock (3,335 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-01−7,975→ 47,848 total→ Common Stock (7,975 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 June 1, 2024. The restricted stock units ("RSUs") shall vest such that one-third (1/3) of the shares vest on June 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.
- [F3]In accordance with the terms of the RSU Agreement, 4,045 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
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 9:00 PM ET
- Size
- 13.0 KB