BERNHARD BRUSCHA - 22 Nov 2021 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
10%+ Owner
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Bernhard Bruscha
Issuer symbol
LTRX
Transactions as of
22 Nov 2021
Net transactions value
-$4,970,250
Form type
4
Filing time
23 Nov 2021, 19:55:44 UTC
Previous filing
23 Nov 2021
Next filing
09 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Sale $4,970,250 -705,000 -12% $7.05 5,415,880 22 Nov 2021 By TL Investment GmbH F1, F2
holding LTRX Common Stock 106,454 22 Nov 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock sold by TL Investment GmbH pursuant to the underwriters' exercise on November 22, 2021 of their option to purchase additional shares of the Issuer's common stock from TL Investment GmbH in connection with an underwritten public offering at a price per share of $7.05, after deducting the underwriting discount.
F2 Bernhard Bruscha serves as managing director of TL Investment GmbH, a company formed under the laws of Germany and the direct owner of the subject securities.