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LANTRONIX INC Director's Dealing 2023

Nov 21, 2023

33788_dirs_2023-11-21_77f3df8c-8204-4a79-8be6-c080039c3e84.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2023-11-20

Reporting Person: Awsare Saleel (Director, President & CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-11-20 Restricted Stock Units $ A 470255 Acquired Common Stock (470255) Direct

Footnotes

F1: Represents inducement restricted stock units ("Inducement RSUs") granted on November 20, 2023. The shares subject to the Inducement RSUs shall vest according to the following schedule: 1/3rd of the Inducement RSUs shall vest on November 1, 2024, 1/3rd of the Inducement RSUs shall vest on November 1, 2025 and the remaining Inducement RSUs shall vest on November 1, 2026.