4//SEC Filing
Hoff Kurt W 4
Accession 0001683168-25-008869
CIK 0001114925other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 9:00 PM ET
Size
12.9 KB
Accession
0001683168-25-008869
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
Hoff Kurt W
Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Stock
2025-12-01+3,468→ 36,053 total - Exercise/Conversion
Common Stock
2025-12-01+5,201→ 41,254 total - Tax Payment
Common Stock
2025-12-01$5.21/sh−2,652$13,817→ 38,602 total - Exercise/Conversion
Restricted Stock Units
2025-12-01−3,468→ 20,813 total→ Common Stock (3,468 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-01−5,201→ 26,003 total→ Common Stock (5,201 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
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 9:00 PM ET
- Size
- 12.9 KB