Brent Stringham - 01 Jun 2025 Form 4 Insider Report for LANTRONIX INC (LTRX)

Signature
/s/ Brent Stringham
Issuer symbol
LTRX
Transactions as of
01 Jun 2025
Net transactions value
-$1,710
Form type
4
Filing time
03 Jun 2025, 18:44:08 UTC
Previous filing
03 Mar 2025
Next filing
15 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stringham Brent Michael Chief Financial Officer C/O LANTRONIX, INC, 48 DISCOVERY SUITE 250, IRVINE /s/ Brent Stringham 03 Jun 2025 0002038019

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $0 +312 +0.42% $0.000000 75,124 01 Jun 2025 Direct F1
transaction LTRX Common Stock Options Exercise $0 +375 +0.5% $0.000000 75,499 01 Jun 2025 Direct F2
transaction LTRX Common Stock Options Exercise $0 +667 +0.88% $0.000000 76,166 01 Jun 2025 Direct F3
transaction LTRX Common Stock Options Exercise $0 +550 +0.72% $0.000000 76,716 01 Jun 2025 Direct F4
transaction LTRX Common Stock Tax liability $1,710 -781 -1% $2.19 75,935 01 Jun 2025 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 Options Exercise $0 -312 -50% $0.000000 313 01 Jun 2025 Common Stock 312 Direct F1
transaction LTRX Restricted Stock Units Options Exercise $0 -375 -33% $0.000000 750 01 Jun 2025 Common Stock 375 Direct F2
transaction LTRX Restricted Stock Units Options Exercise $0 -667 -50% $0.000000 667 01 Jun 2025 Common Stock 667 Direct F3
transaction LTRX Restricted Stock Units Options Exercise $0 -550 -17% $0.000000 2,751 01 Jun 2025 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, 781 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.