Jeffery S. Bastian - 22 Aug 2023 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Signature
/s/ F. Mark Reuter as Attorney-in-Fact on behalf of Jeffery S. Bastian
Issuer symbol
LYTS
Transactions as of
22 Aug 2023
Net transactions value
-$25,025
Form type
4
Filing time
24 Aug 2023, 16:08:11 UTC
Previous filing
18 Aug 2023
Next filing
28 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Sale $25,025 -1,568 -5.7% $15.96 25,891 22 Aug 2023 Direct F2
holding LYTS Common Shares 64,927 22 Aug 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
holding LYTS Option to Buy 20,000 22 Aug 2023 Common Shares 20,000 $4.94 Direct F3, F4
holding LYTS Option to Buy 27,618 22 Aug 2023 Common Shares 27,618 $3.83 Direct F3, F4
holding LYTS Option to Buy 5,000 22 Aug 2023 Common Shares 5,000 $9.15 Direct F3, F5
holding LYTS Option to Buy 15,000 22 Aug 2023 Common Shares 15,000 $9.39 Direct F3, F5
holding LYTS Option to Buy 10,000 22 Aug 2023 Common Shares 10,000 $11.06 Direct F3, F5
holding LYTS Option to Buy 18,000 22 Aug 2023 Common Shares 18,000 $5.92 Direct F3, F4
holding LYTS Option to Buy 13,096 22 Aug 2023 Common Shares 13,096 $6.80 Direct F3, 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 Disposition of shares for payment of taxes upon vesting of restricted stock units and performance share units.
F3 These holdings have been previously reported on Form 4.
F4 The options vest ratably over a three year time period.
F5 The option vests at a rate of 25% per year beginning on the one year anniversary of the date of grant.