Form 4 for LTRX LANTRONIX INC
Accepted 2025-03-03 00:00:00 ET · period of report 2025-03-01 · accession 0001683168-25-001311 · 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 | 2025-03-03 | 2025-03-01 | LTRX | Hoff Kurt W | VP, Worldwide Sales | M - OptEx | $0.00 | +20.8K | 20.8K | New | $0 |
| D | 2025-03-03 | 2025-03-01 | LTRX | Hoff Kurt W | VP, Worldwide Sales | F - Tax | $2.56 | -7,466 | 13.3K | -36% | -$19.1K |
| D | 2025-03-03 | 2025-03-01 | LTRX | Hoff Kurt W | VP, Worldwide Sales | M - OptEx | $0.00 | -20.8K | 41.6K | -33% | $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 | 2025-03-01 | M | A | 20,799 | $0.00 | 20,799 | D | — | — | |
| 2 | Common | Common Stock | 2025-03-01 | F | D | 7,466 | $2.56 | 13,333 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2025-03-01 | M | D | 20,799 | $0.00 | 41,605 | D | — · — to — | 20,799 Common Stock | (F1) Represents inducement restricted stock units ("Inducement RSUs") granted on March 5, 2024. The shares subject to the Inducement RSUs shall vest such that one-third (1/3) of the shares vest on March 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on June 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on March 1, 2027 |