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LANTRONIX INC Director's Dealing 2019

Nov 6, 2019

33788_dirs_2019-11-06_b141c49c-e820-4ed3-b3cd-30e1d3f442d3.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: 2019-11-05

Reporting Person: FOLINO PAUL F (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-05 Restricted Stock Units $ A 10000 Acquired Common Stock (10000) Direct

Footnotes

F1: The restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

F2: The RSUs 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.