LANTRONIX INC — Director's Dealing 2019

Nov 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2019-10-02

Reporting Person: EDWARDS BRUCE C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-02	Common Stock	M	25000	$1.59	Acquired	150000	Direct

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
2019-10-02	Stock Option (Right to buy)	$1.59	M	25000	Disposed	2019-11-12	Common Stock (25000)	Direct

Footnotes

F1: Represents shares of common stock acquired via exercise of Stock Options granted on November 12, 2012 under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan.

F2: The restricted stock units ("RSUs") convert into common stock on a one-for-one basis.

F3: The RSUs vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date an 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.