LANTRONIX INC — Director's Dealing 2012

Aug 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2012-08-23

Reporting Person: Whitaker Jeremy (CFO and Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-23	Stock Option (Right to buy)	$2.03	A	40000	Acquired	2019-08-23	Common Stock (40000)	Direct

Footnotes

F1: The option vests according to the following schedule: 25% of the option (10,000 shares) vests on the first anniversary of the grant date and the remainder of the option (30,000 shares) shall vest ratably each month thereafter over a period of 36 months.