Brent Stringham - Sep 15, 2024 Form 3 Insider Report for LANTRONIX INC (LTRX)

Role
Chief Accounting Officer and Interim Chief Financial Officer
Signature
/s/ Brent Stringham
Stock symbol
LTRX
Transactions as of
Sep 15, 2024
Transactions value $
$0
Form type
3
Date filed
9/18/2024, 05:56 PM
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LTRX Common Stock 72.5K Sep 15, 2024 Direct

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
holding LTRX Restricted Stock Units Sep 15, 2024 Common Stock 1.25K Direct F1
holding LTRX Restricted Stock Units Sep 15, 2024 Common Stock 1.88K Direct F2
holding LTRX Restricted Stock Units Sep 15, 2024 Common Stock 2.67K Direct F3
holding LTRX Restricted Stock Units Sep 15, 2024 Common Stock 4.4K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents outstanding restricted stock units ("RSUs") granted on September 13, 2021. The remaining unvested shares subject to the RSUs vest ratably in four equal quarterly installments from December 1, 2024 through September 1, 2025.
F2 Represents outstanding restricted stock units ("RSUs") granted on January 2, 2022. The remaining unvested shares subject to the RSUs vest ratably in five equal quarterly installments from December 1, 2024 through December 1, 2025.
F3 Represents outstanding restricted stock units ("RSUs") granted on September 1, 2022. The remaining unvested shares subject to the RSUs vest ratably in four equal quarterly installments from December 1, 2024 through September 1, 2025.
F4 Represents outstanding restricted stock units ("RSUs") granted on October 3, 2023. The remaining unvested shares subject to the RSUs vest ratably in eight equal quarterly installments from December 1, 2024 through September 1, 2026.

Remarks:

Chief Accounting Officer and Interim Chief Financial Officer