James E. Galeese - 15 Aug 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
15 Aug 2024
Net transactions value
$0
Form type
4
Filing time
16 Aug 2024, 16:24:32 UTC
Previous filing
13 Aug 2024
Next filing
21 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Award $0 +14,477 +14% $0.000000 118,527 15 Aug 2024 Direct F2
transaction LYTS Common Shares Award $0 +35,928 +30% $0.000000 154,455 15 Aug 2024 Direct F3
holding LYTS Common Shares 68,316 15 Aug 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 -25,004 -42% $0.000000 34,996 19 May 2023 Common Shares 60,000 $9.15 Direct F4, F5
holding LYTS Option to Buy 38,000 15 Aug 2024 Common Shares 38,000 $5.92 Direct F4, F6
holding LYTS Option to Buy 38,386 15 Aug 2024 Common Shares 43,898 $4.94 Direct F4, F6
holding LYTS Option to Buy 75,606 15 Aug 2024 Common Shares 75,606 $3.83 Direct F4, F6
holding LYTS Option to Buy 22,586 15 Aug 2024 Common Shares 22,586 $6.80 Direct F4, F6
* 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 Award of restricted stock units (RSUs) pursuant to 2019 Omnibus Award Plan and FY25 Long Term Incentive Plan. The RSUs vest in equal annual installments over three years.
F3 Acquired shares pursuant to vesting of performance share units granted in August 2021.
F4 These holdings have previously been reported on Form 4.
F5 The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
F6 The options vest ratably over a three year time period.