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LANTRONIX INC Director's Dealing 2011

Nov 18, 2011

33788_dirs_2011-11-18_2c476b28-9157-4de6-9913-e3d7b225b074.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2011-11-16

Reporting Person: BRUSCHA BERNHARD (Director, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-11-16 Stock Option (Right to buy) $1.39 A 23750 Acquired 2018-11-16 Common Stock (23750) Direct

Footnotes

F1: Grant to Reporting Person of an option to purchase 23,750 shares (the "Shares") of Common Stock under the Issuer's 2010 Stock Incentive Plan. One Hundred Percent (100%) of the Shares subject to the Option shall vest on the twelve (12) month anniversary of the Vesting Commencement Date, subject to the Optionee remaining a Service Provider as defined in the Issuer's 2010 Stock Incentive Plan.

F2: Form 4, as originally filed on November 17, 2011, set forth an incorrect exercise price per share.