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LANTRONIX INC — Director's Dealing 2016
Sep 15, 2016
33788_dirs_2016-09-15_a56a2ac2-e916-4c8b-802f-79f5092edd5d.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: 2016-09-14
Reporting Person: Fink Michael Andrew (Vice President of Operations)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-14 | Stock Option (Right to Buy) | $1.37 | A | 60000 | Acquired | 2023-09-14 | Common Stock (60000) | Direct |
Footnotes
F1: The option vests according to the following schedule: 25% of the option (15,000 shares) vests on the first anniversary of the grant date and the remainder of the option (45,000 shares) shall vest ratably each month thereafter over a period of 36 months.
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