Jeremy Whitaker - 05 Jul 2023 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role: Interim CEO & CFO
Signature: /s/ Jeremy Whitaker
Issuer symbol: LTRX
Transactions as of: 05 Jul 2023
Net transactions value: +$36,097
Form type: 4
Filing time: 06 Jul 2023, 16:46:33 UTC
Previous filing: 19 Sep 2022
Next filing: 14 Sep 2023
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	$36,097	+26,348	+11%	$1.37	262,842	05 Jul 2023	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	-26,348	-100%	$0.000000^*	0	05 Jul 2023	Common Stock	26,348	$1.37	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 September 14, 2016 (the "Grant Date") under the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan (the "2010 SIP").
F2	The reporting person previously exercised 23,652 stock options from this award granted on September 14, 2016 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.