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LANTRONIX INC — Director's Dealing 2025
May 6, 2025
33788_dirs_2025-05-06_e48bdd17-647c-4315-9958-58e1c3c869ac.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: 2025-05-05
Reporting Person: Palatnik Kevin S. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-05 | Common Stock | M | 9799 | — | Acquired | 29799 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-05 | Restricted Stock Units | $ | M | 9799 | Disposed | Common Stock (9799) | Direct |
Footnotes
F1: Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 5, 2024 (the "Grant Date").
F2: RSUs convert into common stock on a one-for-one basis.
F3: The RSUs 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.
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