Form 4 for LTRX LANTRONIX INC
Accepted 2021-12-07 00:00:00 ET · period of report 2021-12-03 · accession 0001683168-21-006167 · 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 | 2021-12-07 | 2021-12-03 | LTRX | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | +15.6K | 454.6K | +4% | $0 |
| D | 2021-12-07 | 2021-12-03 | LTRX | Pickle Paul H | Pres, CEO, Dir | S - Sale+OE | $6.76 | -5,560 | 449.0K | -1% | -$37.6K |
| D | 2021-12-07 | 2021-12-03 | LTRX | Pickle Paul H | Pres, CEO, Dir | P - Purchase | $6.80 | +15.0K | 464.0K | +3% | +$102.0K |
| D | 2021-12-07 | 2021-12-03 | LTRX | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | -15.6K | 93.8K | -14% | $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 | 2021-12-03 | M | A | 15,625 | $0.00 | 454,579 | D | — | — | |
| 2 | Common | Common Stock | 2021-12-03 | S | D | 5,560 | $6.76 | 449,019 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $6.64 to $6.97. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 3 | Common | Common Stock | 2021-12-03 | P | A | 15,000 | $6.80 | 464,019 | D | — | — | (F5) This transaction was executed in multiple trades at prices ranging from $6.73 to $6.81. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 4 | Derivative | Restricted Stock Units | 2021-12-03 | M | D | 15,625 | $0.00 | 93,750 | D | — · — to — | 15,625 Common Stock | (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. Each Inducement RSU represents the right to receive one share of the issuer's common stock. |