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