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LANTRONIX INC — Director's Dealing 2024
Jun 3, 2024
33788_dirs_2024-06-03_7fde25d7-fc0d-4419-8664-f0d94721941c.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: 2024-06-01
Reporting Person: Gurusamy Mathi (Chief Strategy Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-01 | Restricted Stock Units | $ | A | 95691 | Acquired | Common Stock (95691) | Direct |
Footnotes
F1: Represents inducement restricted stock units ("Inducement RSUs") granted on June 1, 2024. The shares subject to the Inducement RSUs shall vest according to the following schedule: One-third of the Inducement RSUs shall vest on June 1, 2025, and the remaining balance will become vested in eight equal quarterly installments beginning on September 1, 2025.
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