Filing Details
- Accession Number:
- 0001683168-21-006168
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-07 17:00:24
- Reporting Period:
- 2021-12-03
- Accepted Time:
- 2021-12-07 17:00:24
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1114925 | Lantronix Inc | LTRX | Computer Communications Equipment (3576) | 330362767 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1337832 | Jeremy Whitaker | C/O Lantronix, Inc. 7535 Irvine Center Drive, Suite 100 Irvine CA 92618 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2021-12-03 | 2,812 | $0.00 | 177,872 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-12-03 | 972 | $7.01 | 176,492 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2021-12-05 | 20,053 | $1.35 | 196,545 | No | 4 | M | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restrick Stock Units | Disposition | 2021-12-03 | 2,812 | $0.00 | 2,812 | $0.00 |
Common Stock | Stock OPtion (Right to buy) | Disposition | 2021-12-05 | 20,053 | $0.00 | 20,053 | $1.35 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
8,441 | No | 4 | M | Direct | ||
0 | 2019-09-01 | 2022-09-01 | No | 4 | M | Direct |
Footnotes
- Represents restricted stock units ("RSUs") granted on August 31, 2018. The RSUs vest such that (a) 25% of the shares (11,250 shares) vested on September 1, 2019, the one-year anniversary of the grant date and (b) 1/16 of the shares vest quarterly thereafter, such that one hundred percent (100%) of the RSUs will be fully vested on the four-year anniversary of the grant date. Each RSU represents the right to receive one share of the issuer's common stock.
- Represents shares of Lantronix, Inc. common stock sold upon vesting to cover required tax withholding obligations.
- The reporting person transferred 408 of the net shares of Lantronix, Inc. common stock received at vesting to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.
- Represents shares of common stock acquired via exercise of stock options granted on September 1, 2015 under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan.
- The reporting person previously exercised 19,947 stock options from this award granted on September 1, 2015 for the benefit of his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.