SEC Form 4 · accession 0001683168-17-003075
LANTRONIX INC · LTRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernhard Bruscha
Director · 10% Owner
Period of report
Nov 14, 2017
Accepted (ET)
Nov 16, 2017 · 4:53 pm EST
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 Option (Right to buy)F1 | $1.92 | Nov 14, 2017 | A | 25,000 | A | — | Nov 14, 2024 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The options shall vest in twelve equal monthly installments, with the first installment vesting on December 14, 2017 and the final installment vesting on November 14, 2018.