James E. Galeese - 06 Oct 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
Issuer symbol
LYTS
Transactions as of
06 Oct 2023
Net transactions value
-$124,101
Form type
4
Filing time
10 Oct 2023, 16:40:05 UTC
Previous filing
31 Aug 2023
Next filing
17 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 $86,110 -5,322 -4.8% $16.18 106,398 06 Oct 2023 Direct F2
transaction LYTS Common Shares Tax liability $37,991 -2,348 -2.2% $16.18 104,050 06 Oct 2023 Direct F2
holding LYTS Common Shares 61,328 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 34,996 06 Oct 2023 Common Shares 60,000 $9.15 Direct F3, F4
holding LYTS Option to Buy 38,000 06 Oct 2023 Common Shares 38,000 $5.92 Direct F3, F4
holding LYTS Option to Buy 38,386 06 Oct 2023 Common Shares 43,898 $4.94 Direct F3, F4
holding LYTS Option to Buy 75,606 06 Oct 2023 Common Shares 75,606 $3.83 Direct F3, F4
holding LYTS Option to Buy 22,586 06 Oct 2023 Common Shares 22,586 $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 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 previously been reported on Form 4.
F4 The options vest ratably over a three year time period.