0001683168-17-001587.txt : 20170614
0001683168-17-001587.hdr.sgml : 20170614
20170614203925
ACCESSION NUMBER: 0001683168-17-001587
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170612
FILED AS OF DATE: 20170614
DATE AS OF CHANGE: 20170614
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LANTRONIX INC
CENTRAL INDEX KEY: 0001114925
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576]
IRS NUMBER: 330362767
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 7535 IRVINE CENTER DR., SUITE 100
CITY: IRVINE
STATE: CA
ZIP: 92618
BUSINESS PHONE: 9494533990
MAIL ADDRESS:
STREET 1: 7535 IRVINE CENTER DR., SUITE 100
CITY: IRVINE
STATE: CA
ZIP: 92618
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fink Michael Andrew
CENTRAL INDEX KEY: 0001570402
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16027
FILM NUMBER: 17912263
MAIL ADDRESS:
STREET 1: 7535 IRVINE CENTER DRIVE, STE. 100
CITY: IRVINE
STATE: CA
ZIP: 92618
4
1
fink_frm4.xml
FORM 4
X0306
4
2017-06-12
0
0001114925
LANTRONIX INC
LTRX
0001570402
Fink Michael Andrew
C/O LANTRONIX, INC.
7535 IRVINE CENTER DRIVE, SUITE 100
IRVINE
CA
92618
0
1
0
0
Vice President of Operations
Common Stock
2017-06-12
4
M
0
11000
1.87
A
12094
D
Common Stock
2017-06-12
4
S
0
11000
2.40
D
1094
D
Common Stock
2017-06-13
4
M
0
1125
1.87
A
2219
D
Common Stock
2017-06-13
4
M
0
18750
1.56
A
20969
D
Common Stock
2017-06-13
4
M
0
2319
1.35
A
23288
D
Common Stock
2017-06-13
4
S
0
22194
2.28
D
1094
D
Common Stock
2017-06-14
4
M
0
10806
1.35
A
11900
D
Common Stock
2017-06-14
4
S
0
10806
2.31
D
1094
D
Stock Option (Right to buy)
1.87
2017-06-12
4
M
0
11000
0
D
2021-08-26
Common Stock
11000
29000
D
Stock Option (Right to buy)
1.87
2017-06-13
4
M
0
1125
0
D
2021-08-26
Common Stock
1125
27875
D
Stock Option (Right to buy)
1.56
2017-06-13
4
M
0
18750
0
D
2020-08-22
Common Stock
18750
1250
D
Stock Option (Right to buy)
1.35
2017-06-13
4
M
0
2319
0
D
2022-09-01
Common Stock
2319
27681
D
Stock Option (Right to buy)
1.35
2017-06-14
4
M
0
10806
0
D
2022-09-01
Common Stock
10806
16875
D
Represent shares of common stock acquired via exercise of stock options granted under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").
This transaction was executed in multiple trades at prices ranging from $2.26 to $2.30. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
This transaction was executed in multiple trades at prices ranging from $2.30 to $2.34. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
The option vests according to the following schedule: 25% of the option (10,000 shares) vested on August 26, 2015, and the remainder of the option (30,000 shares) vest ratably each month thereafter over a period of 36 months.
The option vests according to the following schedule: 25% of the option (5,000 shares) vested on August 22, 2014, and the remainder of the option (15,000 shares) vest ratably each month thereafter over a period of 36 months.
The option vests according to the following schedule: 25% of the option (7,500 shares) vested on September 1, 2016, and the remainder of the option (22,500 shares) vest ratably each month thereafter over a period of 36 months.
/s/ Jeremy Whitaker, Attorney-in fact for Michael Fink
2017-06-14