Form 4 for LTRX LANTRONIX INC
Accepted 2021-12-07 00:00:00 ET · period of report 2021-12-03 · accession 0001683168-21-006169 · 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 | Holliday Roger | VP of Worldwide Sales | M - OptEx | $0.00 | +3,125 | 69.5K | +5% | $0 |
| D | 2021-12-07 | 2021-12-03 | LTRX | Holliday Roger | VP of Worldwide Sales | S - Sale+OE | $6.76 | -1,112 | 68.4K | -2% | -$7,517 |
| D | 2021-12-07 | 2021-12-03 | LTRX | Holliday Roger | VP of Worldwide Sales | M - OptEx | $0.00 | -3,125 | 28.1K | -10% | $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 | 3,125 | $0.00 | 69,538 | D | — | — | |
| 2 | Common | Common Stock | 2021-12-03 | S | D | 1,112 | $6.76 | 68,426 | 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 | Derivative | Restriced Stock Units | 2021-12-03 | M | D | 3,125 | $0.00 | 28,125 | D | — · — to — | 3,125 Common Stock | (F1) Represents inducement restricted stock units ("Inducement RSUs") granted on February 4, 2020. The shares subject to the Inducement RSUs shall vest according to the following schedule: 12,500 of the Inducement RSUs vested on March 1, 2021, and the remaining Inducement RSUs shall vest 1/12th 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. |