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LANTRONIX INC — Director's Dealing 2016
Apr 29, 2016
33788_dirs_2016-04-29_cd00961a-209c-4d59-8faf-4929665f374a.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: 2016-04-28
Reporting Person: Benck Jeff (Director, Chief Executive Offcer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-04-28 | Restricted Stock Units | $ | A | 450000 | Acquired | Common Stock (450000) | Direct |
Footnotes
F1: The shares subject to the RSUs will vest according to the following schedule: one-third (150,000) of the RSUs shall vest on December 1, 2016 and the remaining RSUs shall vest ratably each quarter thereafter for a period of 24 months.
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