---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-007453"
form_type: "8-K"
ticker: "LTRX"
cik: "0001114925"
company_name: "LANTRONIX INC"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T00:38:39.035505+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Lantronix stockholders approve amendments to equity plans, increase share reserves

## Summary
- Stockholders approved amendment to 2020 Performance Incentive Plan, increasing share reserve by 1.8M shares to 5,349,047 shares.
- Stockholders approved amendment to 2013 ESPP, increasing share reserve by 500K shares to 1.8M shares and extending term to August 9, 2032.
- All six director nominees elected (Paul Pickle, Jason Cohenour, Paul F. Folino, Phu Hoang, Heidi Nguyen, Hoshi Printer).
- Ratification of Baker Tilly US, LLP as independent auditor for FY2023 approved.
- Advisory vote on executive compensation approved (19,507,091 for, 84,159 against).

## SEC filing metadata
- accession: 0001683168-22-007453
- form_type: 8-K
- ticker: LTRX
- cik: 0001114925
- company_name: LANTRONIX INC
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114925/000168316822007453/0001683168-22-007453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114925/000168316822007453/lantronix_i8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-007453
- JSON: https://secwatch.observer/filing/0001683168-22-007453.json
- Plain text: https://secwatch.observer/filing/0001683168-22-007453.txt

## Key facts
- Shareholder Votes
  LANTRONIX INC shareholders approved Ratification of appointment of Baker Tilly US, LLP as independent registered public accountants for fiscal year ending June 30, 2023 at the 2022-11-08 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-11-08
  source text: Auditor Ratification For Against Abstain 25,217,472 19,370 127,165
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114925/000168316822007453/0001683168-22-007453-index.htm
- Shareholder Votes
  LANTRONIX INC shareholders approved Advisory vote to approve compensation of named executive officers at the 2022-11-08 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2022-11-08
  source text: Advisory Compensation Vote For Against Abstain Broker Non-Votes 19,507,091 84,159 209,177 5,563,580
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114925/000168316822007453/0001683168-22-007453-index.htm
- Shareholder Votes
  LANTRONIX INC shareholders approved Election of six nominees to the Board of Directors: Paul Pickle, Jason Cohenour, Paul F. Folino, Phu Hoang, Heidi Nguyen, Hoshi Printer at the 2022-11-08 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-11-08
  source text: Set forth below are the final voting tallies for the Annual Meeting: Election of Directors For Against Abstain Broker Non-Votes Paul Pickle 19,717,122 74,828 8,477 5,563,580 Jason Cohenour 19,526,506 265,465 8,456 5,563,580 Paul F. Folino 19,629,464 162,307 8,656 5,563,580 Phu Hoang 19,734,889 56,595 8,943 5,563,580 Heidi Nguyen 19,590,746 201,303 8,378 5,563,580 Hoshi Printer 19,648,224 144,726 7,477 5,563,580
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114925/000168316822007453/0001683168-22-007453-index.htm
- Shareholder Votes
  LANTRONIX INC shareholders approved Approval of amendments to the Incentive Plan, including to increase number of shares reserved by 1,800,000 at the 2022-11-08 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2022-11-08
  source text: Incentive Plan Approval For Against Abstain Broker Non-Votes 19,137,212 484,783 178,432 5,563,580
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114925/000168316822007453/0001683168-22-007453-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.