LANTRONIX INC — Director's Dealing 2023

Mar 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2023-03-01

Reporting Person: Holliday Roger (VP of Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-01	Common Stock	M	3125	—	Acquired	121404	Direct
2023-03-01	Common Stock	F	1274	$5.09	Disposed	120130	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-01	Restricted Stock Units	$	M	3125	Disposed		Common Stock (3125)	Direct

Footnotes

F1: Represents inducement restricted stock units ("Inducement RSUs") granted on February 4, 2020. The shares subject to the Inducement RSUs shall vest according to the following schedule: 12,500 of the Inducement RSUs vested on March 1, 2021, and the remaining Inducement RSUs shall vest 1/12th each quarter thereafter for a period of 3 years. Each Inducement RSU represents the right to receive one share of the issuer's common stock.

F2: In accordance with the terms of the RSU Agreement, 1,274 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.