0001683168-23-006444.txt : 20230914 0001683168-23-006444.hdr.sgml : 20230914 20230914170015 ACCESSION NUMBER: 0001683168-23-006444 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230913 FILED AS OF DATE: 20230914 DATE AS OF CHANGE: 20230914 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Whitaker Jeremy CENTRAL INDEX KEY: 0001337832 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16027 FILM NUMBER: 231255714 MAIL ADDRESS: STREET 1: 15353 BARRANCA PARKWAY 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 X0508 4 2023-09-13 0 0001114925 LANTRONIX INC LTRX 0001337832 Whitaker Jeremy C/O LANTRONIX, INC. 48 DISCOVERY, SUITE 250 IRVINE CA 92618 0 1 0 0 Interim CEO and CFO 0 Common Stock 2023-09-13 4 A 0 25229 0 A 288071 D Common Stock 2023-09-13 4 F 0 8724 5.29 D 274202 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 25,229 RSUs subject to the award on September 13, 2023, with respect to the performance conditions that were satisfied for fiscal 2023. In accordance with the terms of the applicable RSU award agreement, 8,724 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding. The reporting person transferred 5,145 of the net shares of Lantronix, Inc. common stock received at vesting to his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife. /s/ Jeremy Whitaker 2023-09-14