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LANTRONIX INC — Director's Dealing 2024
May 8, 2024
33788_dirs_2024-05-08_13321d2f-6f27-4122-85f7-b43719e62d95.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: 2024-05-07
Reporting Person: BRACE PHILIP G (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-07 | Common Stock | M | 8484 | — | Acquired | 12670 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-07 | Restricted Stock Units | $ | M | 8484 | Disposed | Common Stock (8484) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 47000 | Indirect |
| Common Stock | 24 | Indirect |
Footnotes
F1: Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 7, 2023 (the "Grant Date").
F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3: RSUs convert into common stock on a one-for-one basis.
F4: The restricted stock units ("RSUs") will 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.