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LANTRONIX INC — Director's Dealing 2021
May 4, 2021
33788_dirs_2021-05-04_34c35004-e5a7-4b32-92f8-e6e92dcb8f88.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: 2021-05-03
Reporting Person: FOLINO PAUL F (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-03 | Common Stock | M | 5000 | — | Acquired | 30468 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-03 | 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 3, 2020 (the "Grant Date").
F2: RSUs convert into common stock on a one-for-one basis.
F3: The restricted stock units ("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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