X0201 4 2004-02-27 0 0001114925 LANTRONIX INC LTRX 0001203321 OSWALD MICHAEL S 15353 BARRANCA PARKWAY IRVINE CA 92618 0 1 0 0 VP, General Counsel and Sec. Common Stock 2004-02-27 4 A 0 1722 0.69 A 5592 D Purchase of stock through employee stock purchase plan registered on Form S-8 and approved by the Board of Directors and thus such transaction is exempt from Section 16b pursuant to Rule 16b-3(d)(1). /s/ Michael S. Oswald 2004-03-02