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LANTRONIX INC — Director's Dealing 2019
Nov 6, 2019
33788_dirs_2019-11-06_b141c49c-e820-4ed3-b3cd-30e1d3f442d3.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: 2019-11-05
Reporting Person: FOLINO PAUL F (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-05 | Restricted Stock Units | $ | A | 10000 | Acquired | Common Stock (10000) | Direct |
Footnotes
F1: The restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2: 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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