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

Signature
/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese
Issuer symbol
LYTS
Transactions as of
19 May 2023
Net transactions value
+$125,951
Form type
4
Filing time
23 May 2023, 16:49:39 UTC
Previous filing
19 Sep 2022
Next filing
10 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $457,500 +50,000 +47% $9.15 157,365 19 May 2023 Direct
transaction LYTS Common Shares Sale $278,920 -21,003 -13% $13.28 136,362 19 May 2023 Direct
transaction LYTS Common Shares Sale $10,536 -800 -0.59% $13.17 135,562 22 May 2023 Direct
transaction LYTS Common Shares Sale $42,093 -3,201 -2.4% $13.15 132,361 23 May 2023 Direct
holding LYTS Common Shares 43,395 19 May 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 -25,004 -42% $0.000000 34,996 19 May 2023 Common Shares 60,000 $9.15 Direct F2, F3
holding LYTS Option to Buy 38,000 19 May 2023 Common Shares 38,000 $5.92 Direct F2, F4
holding LYTS Option to Buy 38,386 19 May 2023 Common Shares 43,898 $4.94 Direct F2, F4
holding LYTS Option to Buy 75,606 19 May 2023 Common Shares 75,606 $3.83 Direct F2, F4
holding LYTS Option to Buy 22,586 19 May 2023 Common Shares 22,586 $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.