0001683168-21-006167.txt : 20211207
0001683168-21-006167.hdr.sgml : 20211207
20211207170021
ACCESSION NUMBER: 0001683168-21-006167
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211203
FILED AS OF DATE: 20211207
DATE AS OF CHANGE: 20211207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pickle Paul H
CENTRAL INDEX KEY: 0001568957
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16027
FILM NUMBER: 211476640
MAIL ADDRESS:
STREET 1: 7535 IRVINE CENTER DRIVE, SUITE 100
CITY: IRVINE
STATE: CA
ZIP: 92618
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
4
1
ownership.xml
X0306
4
2021-12-03
0
0001114925
LANTRONIX INC
LTRX
0001568957
Pickle Paul H
C/O LANTRONIX, INC.
7535 IRVINE CENTER DRIVE, SUITE 100
IRVINE
CA
92618
1
1
0
0
President & CEO
Common Stock
2021-12-03
4
M
0
15625
0
A
454579
D
Common Stock
2021-12-03
4
S
0
5560
6.7555
D
449019
D
Common Stock
2021-12-03
4
P
0
15000
6.8022
A
464019
D
Restricted Stock Units
2021-12-03
4
M
0
15625
0
D
Common Stock
15625
93750
D
Represents inducement restricted stock units ("Inducement RSUs") granted on May 1, 2019. The shares subject to the Inducement RSUs shall vest according to the following schedule: 62,500 of the Inducement RSUs vested on June 1, 2020, and the remaining Inducement RSUs shall vest ratably each quarter thereafter for a period of 3 years. Each Inducement RSU represents the right to receive one share of the issuer's common stock.
Represents shares of Lantronix, Inc. common stock sold upon vesting to cover required tax withholding obligations.
This transaction was executed in multiple trades at prices ranging from $6.64 to $6.97. 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 reporting person's purchase of the issuer's common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, to the extent of 1,697 shares, with the reporting person's sale of the issuer's common stock reported herein. The reporting person has paid $179.00 to the issuer, representing the full amount of the profit realized in connection with the short-swing transaction.
This transaction was executed in multiple trades at prices ranging from $6.73 to $6.81. 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.
/s/ Jeremy Whitaker, Attorney-in-fact for Paul H. Pickle
2021-12-07