James E. Galeese - Aug 15, 2024 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Signature
/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese
Stock symbol
LYTS
Transactions as of
Aug 15, 2024
Transactions value $
$0
Form type
4
Date filed
8/16/2024, 04:24 PM
Previous filing
Aug 13, 2024
Next filing
Aug 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Award $0 +14.5K +13.91% $0.00 119K Aug 15, 2024 Direct F2
transaction LYTS Common Shares Award $0 +35.9K +30.31% $0.00 154K Aug 15, 2024 Direct F3
holding LYTS Common Shares 68.3K Aug 15, 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 -25K -41.67% $0.00 35K May 19, 2023 Common Shares 60K $9.15 Direct F4, F5
holding LYTS Option to Buy 38K Aug 15, 2024 Common Shares 38K $5.92 Direct F4, F6
holding LYTS Option to Buy 38.4K Aug 15, 2024 Common Shares 43.9K $4.94 Direct F4, F6
holding LYTS Option to Buy 75.6K Aug 15, 2024 Common Shares 75.6K $3.83 Direct F4, F6
holding LYTS Option to Buy 22.6K Aug 15, 2024 Common Shares 22.6K $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.