March 1, 2024 · Form 4 insider transaction
Bass Eric bought 14,816 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 February 1, 2023. The shares subject to the Inducement RSUs shall vest according to the following schedule: 14,816 of the Inducement RSUs shall vest on March 1, 2024, and the remaining Inducement RSUs shall vest 1/12th each quarter thereafter for a period of 3 years.