Brent Stringham - Dec 1, 2024 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Chief Acctg Ofcr, Interim CFO
Signature
/s/ Brent Stringham
Stock symbol
LTRX
Transactions as of
Dec 1, 2024
Transactions value $
-$2,031
Form type
4
Date filed
12/3/2024, 04:30 PM
Previous filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Award $0 +312 +0.43% $0.00 72.8K Dec 1, 2024 Direct F1
transaction LTRX Common Stock Award $0 +375 +0.52% $0.00 73.1K Dec 1, 2024 Direct F2
transaction LTRX Common Stock Award $0 +666 +0.91% $0.00 73.8K Dec 1, 2024 Direct F3
transaction LTRX Common Stock Award $0 +550 +0.75% $0.00 74.4K Dec 1, 2024 Direct F4
transaction LTRX Common Stock Tax liability -$2.03K -677 -0.91% $3.00 73.7K Dec 1, 2024 Direct F5

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 +312 +49.84% $0.00 938 Dec 1, 2024 Common Stock 312 Direct F1
transaction LTRX Restricted Stock Units Award $0 +375 +33.33% $0.00 1.5K Dec 1, 2024 Common Stock 375 Direct F2
transaction LTRX Restricted Stock Units Award $0 +666 +49.89% $0.00 2K Dec 1, 2024 Common Stock 666 Direct F3
transaction LTRX Restricted Stock Units Award $0 +550 +16.66% $0.00 3.85K Dec 1, 2024 Common Stock 550 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 equal quarterly installments through September 1, 2025. Each RSU represents the right to receive one share of the issuer's common stock.
F2 Represents outstanding restricted stock units ("RSUs") granted on January 2, 2022. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through December 1, 2025. Each RSU represents the right to receive one share of the issuer's common stock.
F3 Represents outstanding restricted stock units ("RSUs") granted on September 1, 2022. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through September 1, 2025. Each RSU represents the right to receive one share of the issuer's common stock.
F4 Represents outstanding restricted stock units ("RSUs") granted on October 3, 2023. The remaining unvested shares subject to the RSUs vest ratably in equal quarterly installments through September 1, 2026. Each RSU represents the right to receive one share of the issuer's common stock.
F5 In accordance with the terms of the applicable RSU award agreements, 677 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.