LANTRONIX INC — Director's Dealing 2020

Nov 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2020-11-03

Reporting Person: EVASHENK MARGARET A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-05	Common Stock	M	5000	—	Acquired	12630	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-03	Restricted Stock Units	$	A	10000	Acquired		Common Stock (10000)	Direct
2020-11-05	Restricted Stock Units	$	M	5000	Disposed		Common Stock (5000)	Direct

Footnotes

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

F2: The RSUs will 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.

F3: Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 5, 2019 (the "Grant Date").

F4: RSUs convert into common stock on a one-for-one basis.

F5: The restricted stock units ("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.