LANTRONIX INC — Director's Dealing 2013

Aug 23, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2013-08-22

Reporting Person: Busch Kurt (Director, President and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-22	Stock Option (Right to buy)	$1.56	A	120000	Acquired	2020-08-22	Common Stock (120000)	Direct

Footnotes

F1: . The option vests according to the following schedule: 25% of the option (30,000 shares) vests on the first anniversary of the grant date and the remainder of the option (90,000 shares) shall vest ratably each month thereafter over a period of 36 months.