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LANTRONIX INC Director's Dealing 2010

Dec 17, 2010

33788_dirs_2010-12-17_649dc731-7d04-4d03-b216-c306d378ac63.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2010-12-15

Reporting Person: Sanders Larry D (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-15 Stock Option (Right to buy) $3.45 A 10000 Acquired 2017-12-15 Common Stock (10000) Direct

Footnotes

F1: Grant to Reporting Person of an option to purchase 10,000 shares of Common Stock under the Issuer's 2010 Stock Plan. The options are fully vested on the date of grant.