LANTRONIX INC — Director's Dealing 2024

Mar 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANTRONIX INC (LTRX)
CIK: 0001114925
Period of Report: 2024-03-01

Reporting Person: Bass Eric (VP of Engineering)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-01	Common Stock	M	14816	—	Acquired	19247	Direct
2024-03-01	Common Stock	F	4392	$4.15	Disposed	14855	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-01	Restricted Stock Units	$	M	14816	Disposed		Common Stock (14816)	Direct

Footnotes

F1: Represents inducement restricted stock units ("Inducement RSUs") granted on February 1, 2023. The shares subject to the Inducement RSUs shall vest according to the following schedule: 14,816 of the Inducement RSUs shall vest on March 1, 2024, and the remaining Inducement RSUs shall vest 1/12th each quarter thereafter for a period of 3 years.

F2: In accordance with the terms of the RSU Agreement, 4,392 shares of Lantronix, Inc. common stock were withheld at vesting to cover required tax withholding.