Key facts
- This page summarizes Paul H. Pickle's Form 4 filing for LANTRONIX INC (LTRX).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Jun 2023, 16:31.
Paul H. Pickle - 01 Jun 2023 Form 4 Insider Report for LANTRONIX INC (LTRX)
- Reporting relationship
- President & CEO, Director
- Issuer ticker
- LTRX
- Reported as of
- 01 Jun 2023
- Net transaction value
- -$23,557
- SEC form
- 4
- Accepted by SEC
- 05 Jun 2023, 16:31:22 UTC
- Prior SEC filing
- 17 May 2023
- Next SEC filing
- 30 Jun 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jeremy Whitaker, Attorney-in-fact for Paul H. Pickle
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Paul H. Pickle filed Form 4 for LANTRONIX INC (LTRX) on 05 Jun 2023.
Change
- Previous filing in this sequence was filed on 17 May 2023.
- Current net transaction value: -$23,557.
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
- +15,625
- Change %
- +2.4%
- Price
- $0.000000
- Shares after
- 678,714
- Date
- 01 Jun 2023
- Ownership
- Direct
- Footnotes
- F1
LTRX
transaction
Common Stock
Tax liability
- Transaction value
- $23,557
- Shares
- -5,403
- Change %
- -0.8%
- Price
- $4.36
- Shares after
- 673,311
- Date
- 01 Jun 2023
- 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
- -15,625
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 15,625
- 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 May 1, 2019. The shares subject to the Inducement RSUs shall vest according to the following schedule: 62,500 of the Inducement RSUs vested on June 1, 2020, and the remaining Inducement RSUs shall vest ratably each quarter thereafter for a period of 3 years. Each Inducement RSU represents the right to receive one share of the issuer's common stock.
Footnote F2
In accordance with the terms of the RSU Agreement, 5,403 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.