Bernhard Bruscha - 07 Feb 2022 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
10%+ Owner
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Bernhard Bruscha
Issuer symbol
LTRX
Transactions as of
07 Feb 2022
Net transactions value
$0
Form type
4
Filing time
09 Feb 2022, 17:07:29 UTC
Previous filing
23 Nov 2021
Next filing
11 May 2022
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 Stock Options Award $0 +10,623 $0.000000 10,623 07 Feb 2022 Common Stock 10,623 $7.44 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Option will become vested in 9 substantially equal monthly installments, with one such installment vesting in each of the 9 consecutive calendar months beginning on March 1, 2022 so that 100% of the stock options will be vested at November 1, 2022.