Form 4 for LTRX LANTRONIX INC
Accepted 2023-06-05 00:00:00 ET · period of report 2023-06-01 · accession 0001683168-23-003907 · 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 | 2023-06-05 | 2023-06-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | F - Tax | $4.36 | -5,403 | 673.3K | -0.8% | -$23.6K |
| D | 2023-06-05 | 2023-06-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | +15.6K | 678.7K | +2% | $0 |
| D | 2023-06-05 | 2023-06-01 | LTRX | Pickle Paul H | Pres, CEO, Dir | M - OptEx | $0.00 | -15.6K | 0 | -100% | $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 | 2023-06-01 | F | D | 5,403 | $4.36 | 673,311 | D | — | — | |
| 2 | Common | Common Stock | 2023-06-01 | M | A | 15,625 | $0.00 | 678,714 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-06-01 | M | D | 15,625 | $0.00 | 0 | 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. |