Form 4 for LTRX LANTRONIX INC
Accepted 2022-09-06 00:00:00 ET · period of report 2022-09-01 · accession 0001683168-22-006223 · 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 | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | +15.6K | 477.6K | +3% | $0 |
| D | 2022-09-06 | 2022-09-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | F - Tax | $5.85 | -5,403 | 472.2K | -1% | -$31.6K |
| DM | 2022-09-06 | 2022-09-01+ | LTRX | Pickle Paul H | Pres, CEO, Dir | S - Sale+OE | $5.98 | -20.0K | 498.9K | -4% | -$119.7K |
| D | 2022-09-06 | 2022-09-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | A - Grant | $0.00 | +40.0K | 512.2K | +8% | $0 |
| D | 2022-09-06 | 2022-09-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | -15.6K | 46.9K | -25% | $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 | 15,625 | $0.00 | 477,643 | D | — | — | |
| 2 | Common | Common Stock | 2022-09-01 | F | D | 5,403 | $5.85 | 472,240 | D | — | — | |
| 3 | Common | Common Stock | 2022-09-06 | S | D | 6,666 | $6.06 | 492,240 | D | — | — | (F7) This transaction was executed in multiple trades at prices ranging from $6.02 to $6.12. 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 | 6,667 | $5.85 | 505,573 | D | — | — | (F5) This transaction was executed in multiple trades at prices ranging from $5.73 to $5.93. 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 | 6,667 | $6.04 | 498,906 | D | — | — | (F6) This transaction was executed in multiple trades at prices ranging from $5.74 to $6.16. 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 | 40,000 | $0.00 | 512,240 | D | — | — | |
| 7 | Derivative | Restricted Stock Units | 2022-09-01 | M | D | 15,625 | $0.00 | 46,875 | 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. |