0001683168-23-001248.txt : 20230302 0001683168-23-001248.hdr.sgml : 20230302 20230302163030 ACCESSION NUMBER: 0001683168-23-001248 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230301 FILED AS OF DATE: 20230302 DATE AS OF CHANGE: 20230302 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: 23699479 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: 48 DISCOVERY, SUITE 250 CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9494533990 MAIL ADDRESS: STREET 1: 48 DISCOVERY, SUITE 250 CITY: IRVINE STATE: CA ZIP: 92618 4 1 ownership.xml X0306 4 2023-03-01 0 0001114925 LANTRONIX INC LTRX 0001568957 Pickle Paul H C/O LANTRONIX, INC. 48 DISCOVERY, SUITE 250 IRVINE CA 92618 1 1 0 0 President & CEO Common Stock 2023-03-01 4 M 0 15625 0 A 663561 D Common Stock 2023-03-01 4 F 0 5403 5.09 D 658158 D Restricted Stock Units 2023-03-01 4 M 0 15625 0 D Common Stock 15625 15625 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. In accordance with the terms of the RSU Agreement, 5,403 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding. /s/ Jeremy Whitaker, Attorney-in-fact for Paul H. Pickle 2023-03-02