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