Form 4 for LTRX LANTRONIX INC
Accepted 2021-09-02 00:00:00 ET · period of report 2021-09-01 · accession 0001683168-21-004067 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-02 | 2021-09-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | F - Tax | $6.46 | -5,403 | 241.4K | -2% | -$34.9K |
| D | 2021-09-02 | 2021-09-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | +15.6K | 246.8K | +7% | $0 |
| D | 2021-09-02 | 2021-09-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | -15.6K | 109.4K | -12% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-01 | F | D | 5,403 | $6.46 | 241,439 | D | — | — | |
| 2 | Common | Common Stock | 2021-09-01 | M | A | 15,625 | $0.00 | 246,842 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2021-09-01 | M | D | 15,625 | $0.00 | 109,375 | D | — · — to — | 15,625 Common Stock | (F2) In accordance with the terms of the RSU Agreement, 5,403 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding. (F1) Represents inducement restricted stock units ("Inducement RSUs") granted on May 1, 2019. The shares subject to the Inducement RSUs shall vest according to the following schedule: 62,500 of the Inducement RSUs vested on June 1, 2020, and the remaining Inducement RSUs shall vest ratably each quarter thereafter for a period of 3 years. |