Heidi Nguyen - 09 Nov 2021 Form 3 Insider Report for LANTRONIX INC (LTRX)

Role
Director
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Heidi Nguyen
Issuer symbol
LTRX
Transactions as of
09 Nov 2021
Net transactions value
$0
Form type
3
Filing time
23 Nov 2021, 19:50:54 UTC
Next filing
23 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LTRX Common Stock 106,454 09 Nov 2021 By spouse F1
holding LTRX Common Stock 6,120,880 09 Nov 2021 By TL Investment GmbH F2

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
holding LTRX Stock Option (Right to buy) 09 Nov 2021 Common Stock 25,000 $1.10 By spouse F1
holding LTRX Stock Option (Right to buy) 09 Nov 2021 Common Stock 25,000 $1.38 By spouse F1
holding LTRX Stock Option (Right to buy) 09 Nov 2021 Common Stock 25,000 $1.92 By spouse F1
holding LTRX Stock Option (Right to buy) 09 Nov 2021 Common Stock 25,000 $3.57 By spouse F1
holding LTRX Stock Option (Right to buy) 09 Nov 2021 Common Stock 25,000 $3.04 By spouse F1
holding LTRX Stock Option (Right to buy) 09 Nov 2021 Common Stock 25,000 $4.41 By spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person disclaims beneficial ownership of shares of the Issuer's common stock held by her spouse or TL Investment GmbH, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such reported shares for purposes of Section 16 or for any other purpose.
F2 The Reporting Person serves as Vice President and as a director of TL Investment GmbH, a company formed under the laws of Germany and the direct owner of the subject securities. The Reporting Person's spouse is the sole shareholder and a managing director of TL Investment GmbH.