LANTRONIX INC — Director's Dealing 2019

Mar 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2019-03-04

Reporting Person: Benck Jeff (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-04	Common Stock	M	74986	$1.12	Acquired	408255	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-04	Stock Option (Right to buy)	$1.12	M	18736	Disposed	2022-12-05	Common Stock (18736)	Direct
2019-03-04	Stock Option (Right to buy)	$1.12	M	56250	Disposed	2022-12-05	Common Stock (56250)	Direct

Footnotes

F1: The option vests according to the following schedule: 25% of the option (37,500 shares) vested September 1, 2017 and the remainder of the option (112,500 shares) is vesting ratably each month thereafter over a period of 36 months.

F2: The option vests according to the following schedule: 25% of the option (37,500 shares) vested September 1, 2018 and the remainder of the option (112,500 shares) is vesting ratably each month thereafter over a period of 36 months.