Brent Stringham - 01 Dec 2024 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Chief Acctg Ofcr, Interim CFO
Signature
/s/ Brent Stringham
Issuer symbol
LTRX
Transactions as of
01 Dec 2024
Net transactions value
-$2,031
Form type
4
Filing time
03 Dec 2024, 16:30:07 UTC
Previous filing
01 Oct 2024
Next filing
03 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Award $0 +312 +0.43% $0.000000 72,774 01 Dec 2024 Direct F1
transaction LTRX Common Stock Award $0 +375 +0.52% $0.000000 73,149 01 Dec 2024 Direct F2
transaction LTRX Common Stock Award $0 +666 +0.91% $0.000000 73,815 01 Dec 2024 Direct F3
transaction LTRX Common Stock Award $0 +550 +0.75% $0.000000 74,365 01 Dec 2024 Direct F4
transaction LTRX Common Stock Tax liability $2,031 -677 -0.91% $3.00 73,688 01 Dec 2024 Direct F5

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 +312 +50% $0.000000 938 01 Dec 2024 Common Stock 312 Direct F1
transaction LTRX Restricted Stock Units Award $0 +375 +33% $0.000000 1,500 01 Dec 2024 Common Stock 375 Direct F2
transaction LTRX Restricted Stock Units Award $0 +666 +50% $0.000000 2,001 01 Dec 2024 Common Stock 666 Direct F3
transaction LTRX Restricted Stock Units Award $0 +550 +17% $0.000000 3,851 01 Dec 2024 Common Stock 550 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents outstanding restricted stock units ("RSUs") granted on September 13, 2021. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through September 1, 2025. Each RSU represents the right to receive one share of the issuer's common stock.
F2 Represents outstanding restricted stock units ("RSUs") granted on January 2, 2022. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through December 1, 2025. Each RSU represents the right to receive one share of the issuer's common stock.
F3 Represents outstanding restricted stock units ("RSUs") granted on September 1, 2022. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through September 1, 2025. Each RSU represents the right to receive one share of the issuer's common stock.
F4 Represents outstanding restricted stock units ("RSUs") granted on October 3, 2023. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through September 1, 2026. Each RSU represents the right to receive one share of the issuer's common stock.
F5 In accordance with the terms of the applicable RSU award agreements, 677 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.