Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LTRX | Common Stock | Options Exercise | $0 | +6.25K | +6.88% | $0.00 | 97.1K | Mar 4, 2022 | Direct | F1 |
transaction | LTRX | Common Stock | Sale | -$17.3K | -2.61K | -2.69% | $6.62 | 94.5K | Mar 4, 2022 | Direct | F2, F3 |
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 | -6.25K | -33.33% | $0.00 | 12.5K | Mar 4, 2022 | Common Stock | 6.25K | Direct | F1 |
Id | Content |
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F1 | Represents Restricted Stock Units ("RSUs") granted on August 31, 2018. The restricted stock units ("RSUs") vest such that (a) 25% of the shares (25,000 shares) vested on September 1, 2019, the one-year anniversary of the grant date and (b) 1/16 of the shares (6,250 shares) vest quarterly thereafter, such that one hundred percent (100%) of the RSUs will be fully vested on the four-year anniversary of the grant date. 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 $6.61 to $6.63. 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. |