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

Role
Chief Financial Officer
Signature
/s/ Jeremy Whitaker
Stock symbol
LTRX
Transactions as of
Aug 4, 2021
Transactions value $
$46,750
Form type
4
Date filed
8/5/2021, 05:01 PM
Previous filing
Jun 3, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $46.8K +25K +21.33% $1.87 142K Aug 4, 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 -25K -100% $0.00* 0 Aug 4, 2021 Common Stock 25K $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.