HOSHI PRINTER - 07 May 2024 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: 07 May 2024
Net transactions value: $0
Form type: 4
Filing time: 08 May 2024, 18:13:46 UTC
Previous filing: 09 Nov 2023
Next filing: 06 Nov 2024
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	$0	+8,484	+5.9%	$0.000000	152,591	07 May 2024	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	Restricted Stock Units	Options Exercise	$0	-8,484	-50%	$0.000000	8,484	07 May 2024	Common Stock	8,484		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represent shares of common stock issued upon the vesting of restricted stock units ("RSUs") granted on November 7, 2023 (the "Grant Date").
F2	RSUs convert into common stock on a one-for-one basis.
F3	The RSUs vest at the rate of one half (1/2) of the shares vesting six (6) months following the Grant Date and one half (1/2) of the shares vesting on the first anniversary of the Grant Date, such that the RSUs will be fully (100%) vested after one (1) year.