Brent Stringham - Mar 1, 2025 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Chief Financial Officer
Signature
/s/ Brent Stringham
Stock symbol
LTRX
Transactions as of
Mar 1, 2025
Transactions value $
-$1,999
Form type
4
Date filed
3/3/2025, 08:01 PM
Previous filing
Dec 3, 2024
Next filing
Jun 3, 2025
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 $0 +313 +0.42% $0.00 74K Mar 1, 2025 Direct F1
transaction LTRX Common Stock Options Exercise $0 +375 +0.51% $0.00 74.4K Mar 1, 2025 Direct F2
transaction LTRX Common Stock Options Exercise $0 +667 +0.9% $0.00 75K Mar 1, 2025 Direct F3
transaction LTRX Common Stock Options Exercise $0 +550 +0.73% $0.00 75.6K Mar 1, 2025 Direct F4
transaction LTRX Common Stock Tax liability -$2K -781 -1.03% $2.56 74.8K Mar 1, 2025 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 Options Exercise $0 -313 -33.37% $0.00 625 Mar 1, 2025 Common Stock 313 Direct F1
transaction LTRX Restricted Stock Units Options Exercise $0 -375 -25% $0.00 1.13K Mar 1, 2025 Common Stock 375 Direct F2
transaction LTRX Restricted Stock Units Options Exercise $0 -667 -33.33% $0.00 1.33K Mar 1, 2025 Common Stock 667 Direct F3
transaction LTRX Restricted Stock Units Options Exercise $0 -550 -14.28% $0.00 3.3K Mar 1, 2025 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, 781 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.