Jeremy Whitaker - 28 Aug 2024 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Chief Financial Officer
Signature
/s/ Jeremy Whitaker
Issuer symbol
LTRX
Transactions as of
28 Aug 2024
Net transactions value
+$25,246
Form type
4
Filing time
29 Aug 2024, 16:39:31 UTC
Previous filing
23 Jul 2024
Next filing
10 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $25,246 +11,688 +4.3% $2.16 285,890 28 Aug 2024 Direct F1

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 Stock Option (Right to buy) Options Exercise $0 -29,720 -100% $0.000000 0 28 Aug 2024 Common Stock 29,720 $2.16 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired via a net exercise of Stock Options granted on August 29, 2017 (the "Grant Date") under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").
F2 The reporting person previously exercised 20,280 stock options from this award granted on August 29, 2017 for the benefit of 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.