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The shares subject to the Inducement RSUs shall vest such that one-third (1/3) of the shares vest on March 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on June 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on March 1, 2027"}],"balance_after":20799,"source":{"system":"sec-edgar","filing":"0001683168-25-001311","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1114925/000168316825001311/ownership.xml","form_type":"4"}},{"id":1450096,"issuer":{"id":1667,"kind":"organization","name":"LANTRONIX INC","symbol":"LTRX"},"owners":[{"id":1671,"kind":"person","name":"Hoff Kurt W","position":1,"cik":"0001404942","reported_name":"Hoff Kurt W","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"VP, Worldwide Sales"}}],"security":"Restricted Stock Units","published_at":"2024-07-23T20:30:07.000Z","date":"2024-07-01","kind":"grant","planned":false,"acquired":true,"shares":41622,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"The restricted stock units (\"RSUs\") shall vest such that one-third (1/3) of the shares vest on July 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2027."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The restricted stock units (\"RSUs\") shall vest such that one-third (1/3) of the shares vest on July 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2027."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"The restricted stock units (\"RSUs\") shall vest such that one-third (1/3) of the shares vest on July 1, 2025 and the remaining two-thirds (2/3) of the total number of shares vest quarterly thereafter beginning on September 1, 2025, such that one hundred percent (100%) of the RSUs will be fully vested on June 1, 2027."}],"balance_after":41622,"derivative":{"underlying":"Common Stock","underlying_shares":41622},"source":{"system":"sec-edgar","filing":"0001683168-24-005010","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1114925/000168316824005010/ownership.xml","form_type":"4"}}]}