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Filing Details

Accession Number:: 0001683168-22-006292
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-09-09 20:13:31
Reporting Period:: 2022-09-07

Accepted Time:: 2022-09-09 20:13:31
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
1751026	Fathi Hakam	C/O Lantronix, Inc. 48 Discovery, Suite 250 Irvine CA 92618	Vice President Of Engineering	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2022-09-07	12,512	$0.00	132,569	No	4	A	Direct
Common Stock	Disposition	2022-09-07	2,086	$6.05	130,483	No	4	S	Direct
Common Stock	Disposition	2022-09-08	2,085	$5.83	128,398	No	4	S	Direct
Common Stock	Disposition	2022-09-09	2,085	$5.82	126,313	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

On October 18, 2019, 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 2020 based on certain earnings per share targets and revenue targets. This transaction reflects the vesting and payment of 12,512 RSUs subject to the award on September 7, 2022 with respect to the performance conditions that were satisfied for fiscal 2022.
Represents shares of Lantronix, Inc. common stock sold upon vesting to cover required tax withholding. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
This transaction was executed in multiple trades at prices ranging from $5.98 to $6.14. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
This transaction was executed in multiple trades at prices ranging from $5.80 to $5.89. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
This transaction was executed in multiple trades at prices ranging from $5.74 to $5.87 The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.