Jeremy Whitaker - 04 Aug 2021 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role: Chief Financial Officer
Signature: /s/ Jeremy Whitaker
Issuer symbol: LTRX
Transactions as of: 04 Aug 2021
Net transactions value: +$46,750
Form type: 4
Filing time: 05 Aug 2021, 17:01:40 UTC
Previous filing: 03 Jun 2021
Next filing: 02 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LTRX	Common Stock	Options Exercise	$46,750	+25,000	+21%	$1.87	142,190	04 Aug 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LTRX	Stock Option (Right to buy)	Options Exercise	$0	-25,000	-100%	$0.000000^*	0	04 Aug 2021	Common Stock	25,000	$1.87	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock acquired via exercise of Stock Options granted on August 26, 2014 (the "Grant Date") under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").
F2	The reporting person previously exercised 25,000 stock options from this award granted on August 26, 2014 for the benefit of his ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.