Key facts
- This page summarizes Eric Bass's Form 4 filing for LANTRONIX INC (LTRX).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 04 Mar 2024, 17:54.
Eric Bass - 01 Mar 2024 Form 4 Insider Report for LANTRONIX INC (LTRX)
- Reporting relationship
- VP of Engineering
- Issuer ticker
- LTRX
- Reported as of
- 01 Mar 2024
- Net transaction value
- -$18,227
- SEC form
- 4
- Accepted by SEC
- 04 Mar 2024, 17:54:17 UTC
- Prior SEC filing
- 13 Dec 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jeremy Whitaker, Attorney-in-fact for Eric Bass
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Eric Bass filed Form 4 for LANTRONIX INC (LTRX) on 04 Mar 2024.
Change
- Previous filing in this sequence was filed on 13 Dec 2023.
- Current net transaction value: -$18,227.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LTRX
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +14,816
- Change %
- +334%
- Price
- $0.000000
- Shares after
- 19,247
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
LTRX
transaction
Common Stock
Tax liability
- Transaction value
- $18,227
- Shares
- -4,392
- Change %
- -23%
- Price
- $4.15
- Shares after
- 14,855
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LTRX
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -14,816
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 44,451
- Date
- 01 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 14,816
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Represents inducement restricted stock units ("Inducement RSUs") granted on February 1, 2023. The shares subject to the Inducement RSUs shall vest according to the following schedule: 14,816 of the Inducement RSUs shall vest on March 1, 2024, and the remaining Inducement RSUs shall vest 1/12th each quarter thereafter for a period of 3 years.
Footnote F2
In accordance with the terms of the RSU Agreement, 4,392 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.