Form 4 for LTRX LANTRONIX INC
Accepted 2022-06-03 00:00:00 ET · period of report 2022-06-01 · accession 0001683168-22-004157 · 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 | 2022-06-03 | 2022-06-01 | LTRX | Hakam Fathi | VP of Engineering | F - Tax | $5.64 | -2,130 | 98.6K | -2% | -$12.0K |
| D | 2022-06-03 | 2022-06-01 | LTRX | Hakam Fathi | VP of Engineering | M - OptEx | $0.00 | +6,250 | 100.8K | +7% | $0 |
| D | 2022-06-03 | 2022-06-01 | LTRX | Hakam Fathi | VP of Engineering | M - OptEx | $0.00 | -6,250 | 6,250 | -50% | $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 | 2022-06-01 | F | D | 2,130 | $5.64 | 98,629 | D | — | — | |
| 2 | Common | Common Stock | 2022-06-01 | M | A | 6,250 | $0.00 | 100,759 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2022-06-01 | M | D | 6,250 | $0.00 | 6,250 | D | — · — to — | 6,250 Common Stock | (F1) Represents Restricted Stock Units ("RSUs") granted on August 31, 2018. The restricted stock units ("RSUs") vest such that (a) 25% of the shares (25,000 shares) vested on September 1, 2019, the one-year anniversary of the grant date and (b) 1/16 of the shares (6,250 shares) vest quarterly thereafter, such that one hundred percent (100%) of the RSUs will be fully vested on the four-year anniversary of the grant date. Each Inducement RSU represents the right to receive one share of the issuer's common stock. |