Form 4 for LTRX LANTRONIX INC
Accepted 2023-09-14 00:00:00 ET · period of report 2023-09-13 · accession 0001683168-23-006443 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-09-14 | 2023-09-13 | LTRX | Holliday Roger | VP of Worldwide Sales | A - Grant | $0.00 | +18.3K | 146.9K | +14% | $0 | |
| 2023-09-14 | 2023-09-13 | LTRX | Holliday Roger | VP of Worldwide Sales | F - Tax | $5.29 | -6,345 | 140.6K | -4% | -$33.6K |
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 | 2023-09-13 | A | A | 18,349 | $0.00 | 146,905 | D | — | — | (F1) On July 27, 2021, the reporting person was granted Restricted Stock Units ("RSUs") with performance-based vesting requirements. A percentage of the target number of RSUs subject to the award are eligible to vest in each of the three years beginning in fiscal 2022 based on certain earnings per share targets and revenue targets. This transaction reflects the vesting and payment of 18,349 RSUs subject to the award on September 13, 2023 with respect to the performance conditions that were satisfied for fiscal 2023. |
| 2 | Common | Common Stock | 2023-09-13 | F | D | 6,345 | $5.29 | 140,560 | D | — | — |