MARGARET A. EVASHENK - 03 Nov 2021 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Director
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Margaret A. Evashenk
Issuer symbol
LTRX
Transactions as of
03 Nov 2021
Transactions value $
$0
Form type
4
Filing time
03 Nov 2021, 19:21:18 UTC
Next filing
12 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $0 +5,000 +28.4% $0.000000 22,630 03 Nov 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LTRX Restricted Stock Units Options Exercise $0 -5,000 -100% $0.000000* 0 03 Nov 2021 Common Stock 5,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 3, 2020 (the "Grant Date").
F2 RSUs convert into common stock on a one-for-one basis.
F3 The restricted stock units ("RSUs") vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.