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LANTRONIX INC — Director's Dealing 2018
May 15, 2018
33788_dirs_2018-05-15_7880e135-11ab-4004-8929-9af4677044fc.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: 2018-05-14
Reporting Person: EDWARDS BRUCE C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-14 | Common Stock | M | 5000 | — | Acquired | 115000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-14 | Restricted Stock Units | $ | M | 5000 | Disposed | Common Stock (5000) | Direct |
Footnotes
F1: Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 14, 2017 (the "Grant Date").
F2: RSUs convert into common stock on a one-for-one basis.
F3: The RSUs vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date, and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.
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