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LANTRONIX INC Director's Dealing 2018

Nov 15, 2018

33788_dirs_2018-11-15_847f1110-3f7e-474d-a253-221b2f011a0e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2018-11-13

Reporting Person: HALE MARTIN M JR (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-11-13 Restricted Stock Units $ A 10000 Acquired Common Stock (10000) Direct

Footnotes

F1: The restricted stock units ("RSUs") will vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.

F2: Martin Hale, Jr. holds the RSUs listed in this Form 4 (and any shares of Common Stock issuable upon exercise thereof) for the benefit of Hale Capital Partners, LP.