Form 4 for LTRX LANTRONIX INC
Accepted 2022-09-06 00:00:00 ET · period of report 2022-09-01 · accession 0001683168-22-006221 · 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 | 2022-09-06 | 2022-09-01 | LTRX | Holliday Roger | VP of Worldwide Sales | M - OptEx | $0.00 | +3,125 | 85.6K | +4% | $0 |
| D | 2022-09-06 | 2022-09-01 | LTRX | Holliday Roger | VP of Worldwide Sales | F - Tax | $5.85 | -1,080 | 84.6K | -1% | -$6,318 |
| DM | 2022-09-06 | 2022-09-01+ | LTRX | Holliday Roger | VP of Worldwide Sales | S - Sale+OE | $5.98 | -11.2K | 99.6K | -10% | -$67.3K |
| D | 2022-09-06 | 2022-09-01 | LTRX | Holliday Roger | VP of Worldwide Sales | A - Grant | $0.00 | +22.5K | 107.1K | +27% | $0 |
| D | 2022-09-06 | 2022-09-01 | LTRX | Holliday Roger | VP of Worldwide Sales | M - OptEx | $0.00 | -3,125 | 18.8K | -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 | 2022-09-01 | M | A | 3,125 | $0.00 | 85,649 | D | — | — | |
| 2 | Common | Common Stock | 2022-09-01 | F | D | 1,080 | $5.85 | 84,569 | D | — | — | |
| 3 | Common | Common Stock | 2022-09-06 | S | D | 3,750 | $6.06 | 95,819 | D | — | — | (F7) This transaction was executed in multiple trades at prices ranging from $6.02 to $6.11. 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 | Common | Common Stock | 2022-09-01 | S | D | 3,750 | $5.85 | 103,319 | D | — | — | (F5) This transaction was executed in multiple trades at prices ranging from $5.73 to $5.92. 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. |
| 5 | Common | Common Stock | 2022-09-02 | S | D | 3,750 | $6.04 | 99,569 | D | — | — | (F6) This transaction was executed in multiple trades at prices ranging from $5.78 to $6.15. 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. |
| 6 | Common | Common Stock | 2022-09-01 | A | A | 22,500 | $0.00 | 107,069 | D | — | — | |
| 7 | Derivative | Restricted Stock Units | 2022-09-01 | M | D | 3,125 | $0.00 | 18,750 | 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. |