Bernhard Bruscha - May 15, 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
May 15, 2024
Transactions value $
$48,000
Form type
4
Date filed
5/16/2024, 07:25 PM
Previous filing
Feb 8, 2024
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTRX Common Stock Options Exercise $48K +25K +19.02% $1.92 156K May 15, 2024 Direct
holding LTRX Common Stock 5.41M May 15, 2024 By TL Investment GmbH F1
holding LTRX Common Stock 23K May 15, 2024 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 May 15, 2024 Common Stock 25K $1.92 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.