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LANTRONIX INC — Director's Dealing 2024
Jan 26, 2024
33788_dirs_2024-01-26_baf95ee8-60b4-4d45-9e31-5015c5d2fec3.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: 2024-01-24
Reporting Person: Steele Christa (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-24 | Restricted Stock Units | $ | A | 10332 | Acquired | Common Stock (10332) | Direct |
Footnotes
F1: RSUs convert into common stock on a one-for-one basis.
F2: 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 earlier to occur of (a) the first anniversary of the Corporation's 2023 annual meeting of stockholders and (b) the day immediately preceding the date of the first annual meeting of the Corporation's stockholders at which one or more members of the Corporation's Board of Directors are to be elected that occurs in the 2024 annual meeting of stockholders.