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LANTRONIX INC — Director's Dealing 2013
Aug 23, 2013
33788_dirs_2013-08-23_d17b74e6-d24c-4da7-ba4c-371988baddbc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2013-08-22
Reporting Person: Scheuerman Kurt E (VP, General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-22 | Stock Option (Right to buy) | $1.56 | A | 20000 | Acquired | 2020-08-22 | Common Stock (20000) | Direct |
Footnotes
F1: The option vests according to the following schedule: 25% of the option (5,000 shares) vests on the first anniversary of the grant date and the remainder of the option (15,000 shares) shall vest ratably each month thereafter over a period of 36 months.
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