Jeffery S. Bastian - Aug 24, 2023 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Role
Chief Accounting Officer
Signature
/s/ F. Mark Reuter as Attorney-in-Fact on behalf of Jeffery S. Bastian
Stock symbol
LYTS
Transactions as of
Aug 24, 2023
Transactions value $
-$32,540
Form type
4
Date filed
8/28/2023, 12:23 PM
Previous filing
Aug 24, 2023
Next filing
Oct 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Sale -$32.5K -2.07K -8% $15.72 23.8K Aug 24, 2023 Direct F2
holding LYTS Common Shares 64.9K Aug 24, 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 20K Aug 24, 2023 Common Shares 20K $4.94 Direct F3, F4
holding LYTS Option to Buy 27.6K Aug 24, 2023 Common Shares 27.6K $3.83 Direct F3, F4
holding LYTS Option to Buy 5K Aug 24, 2023 Common Shares 5K $9.15 Direct F3, F5
holding LYTS Option to Buy 15K Aug 24, 2023 Common Shares 15K $9.39 Direct F3, F5
holding LYTS Option to Buy 10K Aug 24, 2023 Common Shares 10K $11.06 Direct F3, F5
holding LYTS Option to Buy 18K Aug 24, 2023 Common Shares 18K $5.92 Direct F3, F4
holding LYTS Option to Buy 13.1K Aug 24, 2023 Common Shares 13.1K $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 Disposition of shares for payment of taxes upon vesting of restricted stock units and performance share units. This report also corrects the price reported on the reporting person's Form 4 filed on August 24, 2023 which was $15.72, not $15.96 as previously reported.
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.