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

Role
Chief Financial Officer
Signature
/s/ Jeremy Whitaker
Stock symbol
LTRX
Transactions as of
Aug 28, 2024
Transactions value $
$25,246
Form type
4
Date filed
8/29/2024, 04:39 PM
Previous filing
Jul 23, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $25.2K +11.7K +4.26% $2.16 286K Aug 28, 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 -29.7K -100% $0.00 0 Aug 28, 2024 Common Stock 29.7K $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.