| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LTRX | Common Stock | Options Exercise | $0 | +3,125 | +4.7% | $0.000000 | 69,538 | 03 Dec 2021 | Direct | F1 |
| transaction | LTRX | Common Stock | Sale | $7,512 | -1,112 | -1.6% | $6.76 | 68,426 | 03 Dec 2021 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LTRX | Restriced Stock Units | Options Exercise | $0 | -3,125 | -10% | $0.000000 | 28,125 | 03 Dec 2021 | Common Stock | 3,125 | Direct | F1 |
| Id | Content |
|---|---|
| F1 | Represents inducement restricted stock units ("Inducement RSUs") granted on February 4, 2020. The shares subject to the Inducement RSUs shall vest according to the following schedule: 12,500 of the Inducement RSUs vested on March 1, 2021, and the remaining Inducement RSUs shall vest 1/12th each quarter thereafter for a period of 3 years. Each Inducement RSU represents the right to receive one share of the issuer's common stock. |
| F2 | Represents shares of Lantronix, Inc. common stock sold upon vesting to cover required tax withholding. |
| F3 | This transaction was executed in multiple trades at prices ranging from $6.64 to $6.97. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |