LANTRONIX INC — Director's Dealing 2018

Dec 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2018-12-01

Reporting Person: Benck Jeff (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-01	Common Stock	M	37500	—	Acquired	320755	Direct
2018-12-01	Common Stock	F	18828	$2.93	Disposed	301927	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-01	Restricted Stock Units	$	M	37500	Disposed		Common Stock (37500)	Direct

Footnotes

F1: Represents Restricted Stock Units ("RSUs") granted on April 28, 2016 pursuant to an Inducement Restricted Stock Unit Agreement (the "RSU Agreement"). The RSUs vest at the rate of 37,500 each quarter through December 2018. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Lantronix, Inc. common stock.

F2: In accordance with the terms of the RSU Agreement, 18,828 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.