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 | +10.1K | $0.00 | 10.1K | Nov 9, 2021 | Common Stock | 10.1K | By spouse | F1, F2, F3 |
Id | Content |
---|---|
F1 | The restricted stock units ("RSUs") convert into common stock on a one-for-one basis. |
F2 | The RSUs will 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. |
F3 | The Reporting Person disclaims beneficial ownership of the RSUs, including the underlying shares of the Issuer's common stock, held by his spouse, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such reported RSUs for purposes of Section 16 or for any other purpose. |