SEC Form 4 · accession 0001683168-18-003124
LANTRONIX INC · LTRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernhard Bruscha
Director · 10% Owner
Period of report
Oct 22, 2018
Accepted (ET)
Oct 23, 2018 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001114925
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 22, 2018 | M | 23,750 | $1.39 | A | 23,750 | D | |
| Common Stock | Oct 22, 2018 | M | 32,704 | $3.18 | A | 56,454 | D | |
| Common StockF1 | holding | — | — | — | 6,120,880 | I | By TL Investment GmbH |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy) | $1.39 | Oct 22, 2018 | M | 23,750 | D | Nov 16, 2012 | Nov 16, 2018 | Common Stock | 23,750 | 0 | D |
| Stock Option (Right to buy) | $3.18 | Oct 22, 2018 | M | 32,704 | D | Nov 19, 2009 | Nov 19, 2018 | Common Stock | 32,704 | 0 | D |
Explanation of responses
- F1Bernhard 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.