LANTRONIX, INC. (NASDAQ:LTRX) Files An 8-K Submission of Matters to a Vote of Security Holders

LANTRONIX, INC. (NASDAQ:LTRX) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders

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Lantronix, Inc. (the “Company”) held its Annual Meeting of Stockholders on November 14, 2017. Of the 17,917,892 shares of the Company’s common stock entitled to vote at the Annual Meeting, a total of 16,543,567 shares were represented at the Annual Meeting in person or by proxy. The voting results for each item of business properly presented at the Annual Meeting are set forth below.

Proposal 1: Election of Directors

All six of the Company’s director nominees were elected with the following votes:

Jeffrey Benck 12,142,189 259,863 4,141,515
Bernhard Bruscha 11,908,451 493,601 4,141,515
Bruce C. Edwards 11,772,640 629,412 4,141,515
Paul F. Folino 11,309,530 1,092,522 4,141,515
Martin Hale, Jr. 11,787,179 614,873 4,141,515
Hoshi Printer 11,732,850 669,202 4,141,515

Proposal 2: Ratification of Appointment of Independent Registered Public Accountants

The proposal to ratify the appointment of Squar Milner, LLP as the Company’s independent registered public accountants for the fiscal year ending June30, 2018 was approved with the following vote:

16,401,291 5,483 136,793

Proposal 3: Advisory Vote on Executive Compensation

The proposal to approve, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers was approved with the following vote:

11,993,233 380,673 28,146 4,141,515

Proposal 4: Approval of Amendment to Amended and Restated 2010 Stock Incentive Plan

The proposal to approve an amendment to the Company’s Amended and Restated 2010 Stock Incentive Plan to increase the number of shares of common stock reserved for issuance under the plan by 2,000,000 shares was approved with the following vote:

10,732,414 1,654,941 14,697 4,141,515
Item 5.07 Financial Statements and Exhibits.

EX-99.1 2 lantronix_8k-ex9901.htm AMENDED AND RESTATED STOCK INCENTIVE PLAN Exhibit 99.1   LANTRONIX,…
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Lantronix, Inc. is a provider of secure data access and management solutions for Internet of things (IoT) and information technology (IT) assets. The Company organizes its products and solutions into three product lines, including IoT, IT Management and Other. Its IoT products consist of IoT Gateways and IoT Building Blocks. The Company’s IT Management product line includes console management, power management and keyboard video mouse (KVM), products that provide remote out-of-band management (OOBM) access to IT and networking infrastructure deployed in test labs, data centers and server rooms. Its Other product line includes non-focus products, such as the xPrintServer, xSenso and WiBox. Its connectivity solutions serves a range of industries, including data center, medical, security, environmental and government. The Company conducts its business in approximately three geographic regions, including the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific Japan (APJ).

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