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: 2021-11-09

Reporting Person: BRUSCHA BERNHARD (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-09	Restricted Stock Units	$	A	10084	Acquired		Common Stock (10084)	Indirect

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