Philip G. Brace - 04 Nov 2024 Form 4 Insider Report for LANTRONIX INC (LTRX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Nov 2024, 17:00:12 UTC
Prior SEC filing
03 Sep 2024
Next SEC filing
13 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brent Stringham, Attorney-in-fact for Philip Brace

Key filing fact

Philip G. Brace filed Form 4 for LANTRONIX INC (LTRX) on 06 Nov 2024.

Key facts

  • This page summarizes Philip G. Brace's Form 4 filing for LANTRONIX INC (LTRX).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 06 Nov 2024, 17:00.

Change

  • Previous filing in this sequence was filed on 03 Sep 2024.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
+8,484
Change %
+67%
Price
$0.000000
Shares after
21,154
Date
04 Nov 2024
Ownership
Direct
Footnotes
F1
LTRX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
47,000
Date
04 Nov 2024
Ownership
By Brace Family Trust
LTRX holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24
Date
04 Nov 2024
Ownership
By son
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
-8,484
Change %
-100%
Price
$0.000000
Shares after
0
Date
04 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,484
Exercise price
Footnotes
F3, F4
LTRX transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+19,599
Change %
Price
$0.000000
Shares after
19,599
Date
05 Nov 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
19,599
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 7, 2023 (the "Grant Date").

Footnote F2

The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Footnote F3

RSUs convert into common stock on a one-for-one basis.

Footnote F4

The restricted stock units ("RSUs") will vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.

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