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LANTRONIX INC — Director's Dealing 2015
Sep 3, 2015
33788_dirs_2015-09-03_84fd0d34-1507-4a5c-9e25-cb0a0c9713c7.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: 2015-09-01
Reporting Person: Scheuerman Kurt E (VP, General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-01 | Stock Option (Right to buy) | $1.35 | A | 25000 | Acquired | 2022-09-01 | Common Stock (25000) | Direct |
Footnotes
F1: The option vests according to the following schedule: 25% of the option (6,250 shares) vests on the first anniversary of the grant date and the remainder of the option (18,750 shares) shall vest ratably each month thereafter over a period of 36 months.
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