HOSHI PRINTER - 25 Feb 2022 Form 4 Insider Report for LANTRONIX INC (LTRX)

Role
Director
Signature
/s/ Jeremy Whitaker, Attorney-in-fact for Hoshi Printer
Issuer symbol
LTRX
Transactions as of
25 Feb 2022
Net transactions value
-$19,140
Form type
4
Filing time
01 Mar 2022, 19:03:33 UTC
Previous filing
12 Nov 2021
Next filing
03 Mar 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 Options Exercise $34,500 +25,000 +26% $1.38 121,640 25 Feb 2022 Direct
transaction LTRX Common Stock Options Exercise $48,000 +25,000 +21% $1.92 146,640 25 Feb 2022 Direct
transaction LTRX Common Stock Sale $82,112 -12,026 -8.2% $6.83 134,614 25 Feb 2022 Direct F1, F2
transaction LTRX Common Stock Sale $19,527 -2,878 -2.1% $6.78 131,736 01 Mar 2022 Direct F3, F4

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 -25,000 -100% $0.000000* 0 25 Feb 2022 Common Stock 25,000 $1.38 Direct
transaction LTRX Stock Option (Right to buy) Options Exercise $0 -25,000 -100% $0.000000* 0 25 Feb 2022 Common Stock 25,000 $1.92 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover the exercise price of options exercised.
F2 This transaction was executed in multiple trades at prices ranging from $6.76 to $6.87. 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.
F3 These shares were sold to cover the estimated tax liability related to such exercise
F4 This transaction was executed in multiple trades at prices ranging from $6.75 to $6.90. 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.