Form 4 for LTRX LANTRONIX INC
Accepted 2024-09-10 00:00:00 ET · period of report 2024-09-09 · accession 0001683168-24-006287 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-09-10 | 2024-09-09 | LTRX | Awsare Saleel | Pres, CEO, Dir | A - Grant | $0.00 | +47.0K | 77.0K | +157% | $0 | |
| 2024-09-10 | 2024-09-09 | LTRX | Awsare Saleel | Pres, CEO, Dir | F - Tax | $4.14 | -24.7K | 52.4K | -32% | -$102.1K |
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 | 2024-09-09 | A | A | 47,025 | $0.00 | 77,025 | D | — | — | (F1) On November 20, 2023, 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 2024 based on certain earnings per share targets, revenue targets and relative total stockholder return conditions. This transaction reflects the vesting and payment of 47,025 RSUs subject to the award on September 9, 2024, with respect to the performance conditions that were satisfied for fiscal 2024. |
| 2 | Common | Common Stock | 2024-09-09 | F | D | 24,664 | $4.14 | 52,361 | D | — | — |