SEC Form 4 · accession 0001019687-15-002258
LANTRONIX INC · LTRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce C Edwards
Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 7:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001114925
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 1, 2015 | M | 25,000 | $1.51 | A | 60,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy)F1 | $1.51 | Jun 1, 2015 | M | 25,000 | D | — | Nov 19, 2020 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The options were vested in twelve equal monthly installments, with the first installment vested on December 19, 2013 and the final installment vested on November 19, 2014.