Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LTRX | Common Stock | Options Exercise | $0 | +2.81K | +1.43% | $0.00 | 199K | Mar 3, 2022 | Direct | F1 |
transaction | LTRX | Common Stock | Sale | -$7.47K | -1.14K | -0.57% | $6.58 | 198K | Mar 3, 2022 | Direct | F2, F3 |
transaction | LTRX | Common Stock | Sale | -$209 | -32 | -0.02% | $6.53 | 198K | Mar 4, 2022 | Direct | F2, F4 |
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 | -2.81K | -33.31% | $0.00 | 5.63K | Mar 3, 2022 | Common Stock | 2.81K | Direct | F1 |
Id | Content |
---|---|
F1 | Represents restricted stock units ("RSUs") granted on August 31, 2018. The RSUs vest such that (a) 25% of the shares (11,250 shares) vested on September 1, 2019, the one-year anniversary of the grant date and (b) 1/16 of the 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 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 obligations. |
F3 | This transaction was executed in multiple trades at prices ranging from $6.53 to $6.64. 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. |
F4 | The reporting person transferred 679 of the net shares of Lantronix, Inc. common stock received at vesting to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife. |