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LANTRONIX INC — Director's Dealing 2023
Feb 8, 2023
33788_dirs_2023-02-08_ca0b1624-eab5-434f-95d8-386d86ce7c1b.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: 2023-02-06
Reporting Person: Nguyen Heidi (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-06 | Stock Options | $5.06 | A | 14809 | Acquired | 2030-02-05 | Common Stock (14809) | Indirect |
Footnotes
F1: The Option will become vested in 9 substantially equal monthly installments, with one such installment vesting in each of the 9 consecutive calendar months beginning on March 1, 2023 so that 100% of the stock options will be vested at November 1, 2023.
F2: The Reporting Person disclaims beneficial ownership of shares of the Issuer's common stock held by her spouse or TL Investment GmbH, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such reported shares for purposes of Section 16 or for any other purpose.