LANTRONIX INC — Director's Dealing 2020

Jun 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2020-06-05

Reporting Person: Whitaker Jeremy (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-05	Common Stock	M	45000	$1.56	Acquired	230948	Direct
2020-06-05	Common Stock	S	45000	$3.6496	Disposed	185948	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-05	Stock Option (Right to buy)	$1.56	M	45000	Disposed	2020-08-23	Common Stock (45000)	Direct

Footnotes

F1: Represents shares of common stock acquired via exercise of Stock Options granted on August 22, 2013 (the "Grant Date") under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").

F2: This transaction was executed in multiple trades at prices ranging from $3.60 to $3.74. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.