Philip Brace - Aug 8, 2023 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Director
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Philip Brace
Stock symbol
LTRX
Transactions as of
Aug 8, 2023
Transactions value $
$0
Form type
4
Date filed
8/9/2023, 08:07 PM
Next filing
Sep 14, 2023
SEC
View on sec.gov

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 Award $0 +4.19K $0.00 4.19K Aug 8, 2023 Common Stock 4.19K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs convert into common stock on a one-for-one basis.
F2 The restricted stock units ("RSUs") will become fully (100%) vested on November 8, 2023.