| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LTRX | Common Stock | Award | $0 | +96.3K | +19.55% | $0.00 | 588K | Sep 7, 2022 | Direct | F1 |
| transaction | LTRX | Common Stock | Sale | -$97.1K | -16K | -2.73% | $6.05 | 572K | Sep 7, 2022 | Direct | F2, F3 |
| transaction | LTRX | Common Stock | Sale | -$93.5K | -16K | -2.8% | $5.83 | 556K | Sep 8, 2022 | Direct | F2, F4 |
| transaction | LTRX | Common Stock | Sale | -$95.4K | -16.4K | -2.95% | $5.82 | 540K | Sep 9, 2022 | Direct | F2, F5 |
| Id | Content |
|---|---|
| F1 | On October 18, 2019, the reporting person was granted Restricted Stock Units ("RSUs") with performance-based vesting requirements. A percentage of the target number of RSUs subject to the award are eligible to vest in each of the three years beginning in fiscal 2020 based on certain earnings per share targets and revenue targets. This transaction reflects the vesting and payment of 96,250 RSUs subject to the award on September 7, 2022 with respect to the performance conditions that were satisfied for fiscal 2022. |
| F2 | Represents shares of Lantronix, Inc. common stock sold upon vesting to cover required tax withholding. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. |
| F3 | This transaction was executed in multiple trades at prices ranging from $5.96 to $6.14. 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 | This transaction was executed in multiple trades at prices ranging from $5.80 to $5.93. 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $5.74 to $5.87. 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. |