Philip G. Brace - 08 Aug 2023 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Director
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Philip Brace
Issuer symbol
LTRX
Transactions as of
08 Aug 2023
Net transactions value
$0
Form type
4
Filing time
09 Aug 2023, 20:07:26 UTC
Next filing
14 Sep 2023
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 Restricted Stock Units Award $0 +4,186 $0.000000 4,186 08 Aug 2023 Common Stock 4,186 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs convert into common stock on a one-for-one basis.
F2 The restricted stock units ("RSUs") will become fully (100%) vested on November 8, 2023.