1 unchanged sentence
Insider Trading Arrangements
−Removed: the quarter ended March 31, 2024, none of our directors or officers (as defined in Rule 16a-1(f)
−Removed: of the Exchange Act) adopted ,
−Removed: modified or terminated a trading arrangement for the purchase or sale of securities that was intended to satisfy the
−Removed: affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act (“Rule 10b5-1 Plan”) or constituted a
−Removed: “non-Rule 10b5-1 trading arrangement,” other than the adoption of the Rule 10b5-1 Plans described below.
−Removed: Each of these
−Removed: plans provides for the sale of only such shares as are necessary to satisfy tax withholding obligations arising exclusively from the
−Removed: vesting of restricted stock units (“RSUs”) and performance stock units (“PSUs”) granted to the respective
−Removed: plan participant by the Company, with the number of such withholding shares to be provided to the broker by a representative of the
−Removed: Company when determinable:
−Removed: of Adoption of
−Removed: Trading Arrangement
−Removed: Trading Arrangement
−Removed: Securities Covered
−Removed: Securities Granted
−Removed: Awsare ( Chief Executive Officer )
−Removed: Whitaker ( Chief Financial Officer )
−Removed: Bass ( Vice President, Engineering )
−Removed: Holliday ( Vice President, Worldwide Sales until February 29, 2024;
−Removed: currently employed in non-officer role)
−Removed: * The number of shares subject to the PSUs is presented based on the
−Removed: targeted level of performance.
−Removed: The actual number of shares covered by the award depends on
−Removed: actual performance achieved and may range from 0% to 200% of the shares subject to the award at the targeted level of performance.
−Removed: representative of the Company will inform the broker of the precise number of shares that vest under each award when finally determined
−Removed: following the completion of the relevant performance period.
+Added: During the quarter
+Added: ended September 30, 2024, no director or officer of the Company adopted or terminated a “Rule 10b5-1
+Added: trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of
+Added: Regulation S-K.
Incorporated by Reference
1 unchanged sentence
Amended and Restated Bylaws of Lantronix, Inc.
+Added: Fourth Amendment to Third Amended and Restated Loan and Security Agreement dated September 3, 2024 among Lantronix, Inc., Lantronix Holding Company, Lantronix Canada, ULC and Lantronix Technologies Canada (Taiwan) Ltd., Transition Networks, Inc., Uplogix, Inc.
+Added: and Silicon Valley Bank
+Added: Letter Agreement dated September 14, 2024 between Lantronix, Inc.
+Added: and Brent Stringham
+Added: Lantronix, Inc.
+Added: 2020 Performance Incentive Plan, as amended and restated
Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
−Removed: Certification of Chief
−Removed: Executive Officer and Chief Financial Officer pursuant to 18 U.S.C.
−Removed: 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
+Added: Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C.
+Added: 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
8 unchanged sentences
Furnished, not filed.
−Removed: Pursuant to the requirements of the Securities
−Removed: Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly
+Added: Pursuant to the requirements of the Securities Exchange
+Added: Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
LANTRONIX, INC.
+Added: November 8, 2024
/s/ SALEEL AWSARE
2 unchanged sentences
(Principal Executive Officer)
−Removed: /s/ JEREMY WHITAKER
−Removed: Jeremy Whitaker
−Removed: Chief Financial Officer
+Added: /s/ BRENT STRINGHAM
+Added: Brent Stringham
+Added: Chief Accounting Officer
+Added: and Interim Chief Financial Officer
(Principal Financial and Accounting Officer)
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.