November 1, 2025 · Form 4 insider transaction
Awsare Saleel sold 156,752 shares of LANTRONIX INC at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Represents inducement restricted stock units ("Inducement RSUs") granted on November 20, 2023. The shares subject to the Inducement RSUs vest according to the following schedule: 1/3rd of the Inducement RSUs shall vest on November 1, 2024, 1/3rd of the Inducement RSUs shall vest on November 1, 2025 and the remaining Inducement RSUs shall vest on November 1, 2026.