Jeffery S. Bastian - 06 Oct 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
Issuer symbol
LYTS
Transactions as of
06 Oct 2023
Net transactions value
-$48,734
Form type
4
Filing time
10 Oct 2023, 16:35:33 UTC
Previous filing
28 Aug 2023
Next filing
04 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $33,816 -2,090 -4.9% $16.18 40,430 06 Oct 2023 Direct F2
transaction LYTS Common Shares Tax liability $14,918 -922 -2.3% $16.18 39,508 06 Oct 2023 Direct F2
holding LYTS Common Shares 64,927 06 Oct 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 06 Oct 2023 Common Shares 20,000 $4.94 Direct F3, F4
holding LYTS Option to Buy 27,618 06 Oct 2023 Common Shares 27,618 $3.83 Direct F3, F4
holding LYTS Option to Buy 5,000 06 Oct 2023 Common Shares 5,000 $9.15 Direct F3, F5
holding LYTS Option to Buy 15,000 06 Oct 2023 Common Shares 15,000 $9.39 Direct F3, F5
holding LYTS Option to Buy 10,000 06 Oct 2023 Common Shares 10,000 $11.06 Direct F3, F5
holding LYTS Option to Buy 18,000 06 Oct 2023 Common Shares 18,000 $5.92 Direct F3, F4
holding LYTS Option to Buy 13,096 06 Oct 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. Nonqualified Deferred Compensation Plan.
F2 On October 8, 2021, the Reporting Person reported Issuer's grant of restricted stock units (RSUs) which vest in three equal annual installments. This Form 4 reports the annual vesting of the RSUs and withholding of shares by Issuer for the Reporting Person's tax obligations and updates end of period holdings.
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.