Bernhard Bruscha - Jun 2, 2022 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
10%+ Owner
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Bernhard Bruscha
Stock symbol
LTRX
Transactions as of
Jun 2, 2022
Transactions value $
$27,500
Form type
4
Date filed
6/3/2022, 04:31 PM
Previous filing
May 11, 2022
Next filing
Nov 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $27.5K +25K +23.48% $1.10 131K Jun 2, 2022 Direct
holding LTRX Common Stock 5.42M Jun 2, 2022 By TL Investment GmbH F1
holding LTRX Common Stock 5.04K Jun 2, 2022 By spouse 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
transaction LTRX Stock Option (Right to buy) Options Exercise $0 -25K -100% $0.00* 0 Jun 2, 2022 Common Stock 25K $1.10 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The Reporting Person disclaims beneficial ownership of shares of the Issuer's common stock held by his spouse, except to the extent of his 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.