LANTRONIX INC 4
4 · LANTRONIX INC · Filed Sep 3, 2003
Insider Transaction Report
Form 4
LANTRONIX INCLTRX
DUFFY LINDA
Other
Transactions
- Award
Employee Stock Option (Right to Buy)
2003-07-28$0.81/sh+24,363$19,734→ 44,609 totalExercise: $0.81From: 2004-01-28Exp: 2013-07-28→ Common Stock (24,363 underlying) - Award
Common Stock
2003-08-29$0.69/sh+4,753$3,272→ 13,271 total
Footnotes (2)
- [F1]Purchase of stock through employee stock purchase plan registered on Form S-8 and approved by the Board of Directors and thus such transaction is exempt from Section 16b pursuant to Rule 16b-3(d)(1).
- [F2]The option is exercisable with respect to 50% of the shares in six (6) months from the date of grant. The remaining shares vest retably each month for the next twenty-four (24) months.