LANTRONIX INC — Director's Dealing 2018

May 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2018-05-11

Reporting Person: Miller Daryl R (VP, Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-11	Common Stock	M	11930	$1.63	Acquired	43302	Direct
2018-05-11	Common Stock	S	11930	$2.29	Disposed	31372	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-11	Stock Option (Right to buy)	$1.63	M	11930	Disposed	2018-09-09	Common Stock (11930)	Direct

Footnotes

F1: Represent shares of common stock acquired via exercise of Stock Options granted on September 9, 2011 (the "Grant Date") under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").

F2: The option vests according to the following schedule: 25% of the option (8,312 shares) vested on the first anniversary of the Grant Date and the remainder of the option (24,938 shares) vest ratably each month thereafter over a period of 36 months.