SEC Form 4 · accession 0001019687-16-006741
LANTRONIX INC · LTRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin M Hale Jr.
Director · 10% Owner
Period of report
Jun 17, 2016
Accepted (ET)
Jun 20, 2016 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001114925
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2,F1 | $1.05 | Jun 17, 2016 | A | 10,890 | A | — | Jun 17, 2023 | Common Stock | 10,890 | 10,890 | D |
Explanation of responses
- F1The options shall vest in five equal monthly installments, with the first installment vesting on July 19, 2016 and the final installment vesting on November 19, 2016.
- F2Martin Hale, Jr. holds the stock options listed in this Form 4 (and any shares of Common Stock issuable upon exercise thereof) for the benefit of Hale Capital Partners, LP.