James E. Galeese - May 19, 2023 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Role
Executive VP; CFO
Signature
/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese
Stock symbol
LYTS
Transactions as of
May 19, 2023
Transactions value $
$125,951
Form type
4
Date filed
5/23/2023, 04:49 PM
Previous filing
Sep 19, 2022
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $458K +50K +46.57% $9.15 157K May 19, 2023 Direct
transaction LYTS Common Shares Sale -$279K -21K -13.35% $13.28 136K May 19, 2023 Direct
transaction LYTS Common Shares Sale -$10.5K -800 -0.59% $13.17 136K May 22, 2023 Direct
transaction LYTS Common Shares Sale -$42.1K -3.2K -2.36% $13.15 132K May 23, 2023 Direct
holding LYTS Common Shares 43.4K May 19, 2023 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 LYTS Option to Buy Options Exercise $0 -25K -41.67% $0.00 35K May 19, 2023 Common Shares 60K $9.15 Direct F2, F3
holding LYTS Option to Buy 38K May 19, 2023 Common Shares 38K $5.92 Direct F2, F4
holding LYTS Option to Buy 38.4K May 19, 2023 Common Shares 43.9K $4.94 Direct F2, F4
holding LYTS Option to Buy 75.6K May 19, 2023 Common Shares 75.6K $3.83 Direct F2, F4
holding LYTS Option to Buy 22.6K May 19, 2023 Common Shares 22.6K $6.80 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
F2 These holdings have previously been reported on Form 4.
F3 The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
F4 The options vest ratably over a three year time period.