LANTRONIX INC — Director's Dealing 2013

Feb 22, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2013-02-13

Reporting Person: Miller Daryl R (VP, Engineering)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13074	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to buy)	$4.86	2013-07-28	Common Stock (1666)		Direct
Stock Option (Right to buy)	$7.56	2013-12-16	Common Stock (5000)		Direct
Stock Option (Right to buy)	$6.84	2015-01-04	Common Stock (6666)		Direct
Stock Option (Right to buy)	$13.02	2016-02-14	Common Stock (4500)		Direct
Stock Option (Right to buy)	$10.14	2017-02-22	Common Stock (5009)		Direct
Stock Option (Right to buy)	$5.88	2017-11-19	Common Stock (1666)		Direct
Stock Option (Right to buy)	$4.32	2018-02-28	Common Stock (30000)		Direct
Stock Option (Right to buy)	$2.34	2019-09-01	Common Stock (25547)		Direct
Stock Option (Right to buy)	$3.45	2017-12-15	Common Stock (14600)		Direct
Stock Option (Right to buy)	$1.63	2018-09-09	Common Stock (33250)		Direct
Stock Option (Right to buy)	$2.03	2019-08-23	Common Stock (20000)		Direct

Footnotes

F1: The options have been fully vested in accordance with the vesting schedule established on the grate date.

F2: 19,160 of these stock options are vested. The remaining 6,387 shares will vest on 9/1/2013.

F3: 7,604 of these stock options are vested. The remaining 6,996 shares will vest in 22 equal monthly installments thereafter from 3/15/2013 to 12/15/2014.

F4: 11,776 of these stock options are vested. The remaining 21,474 shares will vest in 19 equal monthly installments thereafter from 3/9/2013 to 9/9/2015.

F5: The option award vests as to 25% of the option on 8/23/2013, with the remainder vesting in 36 equal monthly installments thereafter from 9/23/2013 to 8/23/2016.