James E. Galeese - 13 Jun 2024 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
13 Jun 2024
Net transactions value
-$155,976
Form type
4
Filing time
17 Jun 2024, 16:16:49 UTC
Previous filing
10 Oct 2023
Next filing
13 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $19,416 +2,122 +2% $9.15 106,172 13 Jun 2024 Direct
transaction LYTS Common Shares Sale $32,042 -2,122 -2% $15.10 104,050 13 Jun 2024 Direct F2
transaction LYTS Common Shares Options Exercise $96,490 +16,299 +16% $5.92 120,349 14 Jun 2024 Direct
transaction LYTS Common Shares Sale $239,840 -16,299 -14% $14.72 104,050 14 Jun 2024 Direct F3
holding LYTS Common Shares 61,328 13 Jun 2024 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 -2,122 -6.1% $0.000000 32,874 13 Jun 2024 Common Shares 60,000 $9.15 Direct F4, F5
transaction LYTS Option to Buy Options Exercise $0 -16,299 -43% $0.000000 21,701 14 Jun 2024 Common Shares 38,000 $5.92 Direct F4, F5
holding LYTS Option to Buy 38,386 13 Jun 2024 Common Shares 43,898 $4.94 Direct F4, F5
holding LYTS Option to Buy 75,606 13 Jun 2024 Common Shares 75,606 $3.83 Direct F4, F5
holding LYTS Option to Buy 22,586 13 Jun 2024 Common Shares 22,586 $6.80 Direct F4, F5
* 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 The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $15.05 to $15.20. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F3 The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $14.715 to $14.75. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request.
F4 These holdings have previously been reported on Form 4.
F5 The options vest ratably over a three year time period.

Remarks:

Options exercised for tax and financial planning purposes.