Filing Details
- Accession Number:
- 0001683168-22-001463
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-04 19:01:39
- Reporting Period:
- 2022-03-03
- Accepted Time:
- 2022-03-04 19:01:39
- 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 |
|---|---|---|---|---|---|---|---|
| 1568957 | H Paul Pickle | C/O Lantronix, Inc. 7535 Irvine Center Drive, Suite 100 Irvine CA 92618 | President & Ceo | Yes | 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 | Disposition | 2021-12-30 | 40,000 | $0.00 | 424,019 | No | 5 | G | Direct | |
| Common Stock | Acquisiton | 2022-03-03 | 15,625 | $0.00 | 439,644 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-03-03 | 6,112 | $6.58 | 433,532 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2022-03-04 | 172 | $6.49 | 433,360 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | G | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2022-03-03 | 15,625 | $0.00 | 15,625 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 78,125 | No | 4 | M | Direct |
Footnotes
- Represents inducement restricted stock units ("Inducement RSUs") granted on May 1, 2019. The shares subject to the Inducement RSUs shall vest according to the following schedule: 62,500 of the Inducement RSUs vested on June 1, 2020, and the remaining Inducement RSUs shall vest ratably each quarter thereafter for a period of 3 years. Each Inducement RSU represents the right to receive one share of the issuer's common stock.
- Represents shares of the issuer's common stock sold upon vesting to cover required tax withholding obligations.
- This transaction was executed in multiple trades at prices ranging from $6.47 to $6.70. 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 $6.49 to $6.65. 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.
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