Bernhard Bruscha - Feb 6, 2024 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
Feb 6, 2024
Transactions value $
-$56,721
Form type
4
Date filed
2/8/2024, 07:17 PM
Previous filing
Nov 9, 2023
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Sale -$56.7K -9.41K -0.17% $6.03 5.41M Feb 6, 2024 By TL Investment GmbH F1, F2
holding LTRX Common Stock 131K Feb 6, 2024 Direct
holding LTRX Common Stock 23K Feb 6, 2024 By spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $6.00 to $6.11. The price reported reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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.
F3 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.