LANTRONIX INC — Director's Dealing 2019

Nov 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2019-11-05

Reporting Person: HALE MARTIN M JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-05	Stock Option (Right to buy)	$3.04	A	25000	Acquired	2026-11-05	Common Stock (25000)	Direct

Footnotes

F1: The stock options shall vest monthly at the rate of 1/12 of the Shares per month, such that one hundred percent (100%) of the Shares will be fully vested on the one (1) year anniversary of the Grant Date.

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