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LANTRONIX INC — Director's Dealing 2025
Jun 3, 2025
33788_dirs_2025-06-03_642567b8-a66b-443f-a171-4a4ac13bdf51.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: 2025-06-01
Reporting Person: Hoff Kurt W (Chief Revenue Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-06-01 | Common Stock | M | 5200 | — | Acquired | 18533 | Direct |
| 2025-06-01 | Common Stock | F | 1591 | $2.19 | Disposed | 16942 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-06-01 | Restricted Stock Units | $ | M | 5200 | Disposed | Common Stock (5200) | Direct |
Footnotes
F1: Represents inducement restricted stock units ("Inducement RSUs") granted on March 5, 2024. The shares subject to the Inducement RSUs shall vest such that one-third (1/3) of the shares vest on March 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on June 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on March 1, 2027.
F2: In accordance with the terms of the RSU Agreement, 1,591 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.