Mathi Gurusamy - 01 Jun 2024 Form 4 Insider Report for LANTRONIX INC (LTRX)

Reporting relationship: Chief Strategy Officer
Issuer ticker: LTRX
Reported as of: 01 Jun 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Jun 2024, 18:38:55 UTC
Prior SEC filing: 14 May 2024
Next SEC filing: 23 Jul 2024
Source filing: View source filing
Reporting owner signature: /s/ Jeremy Whitaker, Attorney-in-fact for Mathi Gurusamy

Key filing fact

Mathi Gurusamy filed Form 4 for LANTRONIX INC (LTRX) on 03 Jun 2024.

Key facts

This page summarizes Mathi Gurusamy's Form 4 filing for LANTRONIX INC (LTRX).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 03 Jun 2024, 18:38.

Change

Previous filing in this sequence was filed on 14 May 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LTRX transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +95,691
Change %
Price: $0.000000
Shares after: 95,691
Date: 01 Jun 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 95,691
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents inducement restricted stock units ("Inducement RSUs") granted on June 1, 2024. The shares subject to the Inducement RSUs shall vest according to the following schedule: One-third of the Inducement RSUs shall vest on June 1, 2025, and the remaining balance will become vested in eight equal quarterly installments beginning on September 1, 2025.