0001683168-22-006133.txt : 20220831
0001683168-22-006133.hdr.sgml : 20220831
20220831211050
ACCESSION NUMBER: 0001683168-22-006133
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220829
FILED AS OF DATE: 20220831
DATE AS OF CHANGE: 20220831
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: 221219442
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
2022-08-29
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
2022-08-29
4
A
0
31157
0
A
477596
D
Common Stock
2022-08-29
4
S
0
5193
6.510
D
472403
D
Common Stock
2022-08-30
4
S
0
5193
6.364
D
467210
D
Common Stock
2022-08-31
4
S
0
5192
6.196
D
462018
D
On July 27, 2021, the reporting person was granted Restricted Stock Units ("RSUs") with performance-based vesting requirements. A percentage of the target number of RSUs subject to the award are eligible to vest in each of the three years beginning in fiscal 2022 based on certain earnings per share targets and revenue targets. This transaction reflects the vesting and payment of 31,157 RSUs subject to the award on August 29, 2022 with respect to the performance conditions that were satisfied for fiscal 2022.
Represents shares of Lantronix, Inc. common stock sold upon vesting to cover required tax withholding.
This transaction was executed in multiple trades at prices ranging from $6.41 to $6.64. 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 $6.25 to $6.50. 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 $6.05 to $6.33. 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
2022-08-31