LANTRONIX INC — Director's Dealing 2021

Nov 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2021-11-22

Reporting Person: Nguyen Heidi (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-22	Common Stock	S	705000	$7.05	Disposed	5415880	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	106454	Indirect

Footnotes

F1: Represents shares of the Issuer's common stock sold by TL Investment GmbH pursuant to the underwriters' exercise on November 22, 2021 of their option to purchase additional shares of the Issuer's common stock from TL Investment GmbH in connection with an underwritten public offering at a price per share of $7.05, after deducting the underwriting discount.

F2: The Reporting Person serves as Vice President and as a director of TL Investment GmbH, a company formed under the laws of Germany and the direct owner of the subject securities. The Reporting Person's spouse is the sole shareholder and a managing director of TL Investment GmbH.

F3: The Reporting Person disclaims beneficial ownership of shares of the Issuer's common stock held by her spouse or TL Investment GmbH, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such reported shares for purposes of Section 16 or for any other purpose.