James E. Galeese - Oct 7, 2024 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
Stock symbol
LYTS
Transactions as of
Oct 7, 2024
Transactions value $
$56,991
Form type
4
Date filed
10/9/2024, 11:57 AM
Previous filing
Aug 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $87.8K +5.32K +4.03% $16.50 138K Oct 7, 2024 Direct F2
transaction LYTS Common Shares Tax liability -$30.8K -1.87K -1.37% $16.50 135K Oct 7, 2024 Direct F2
holding LYTS Common Shares 68.3K Oct 7, 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
holding LYTS Option to Buy 32.9K Oct 7, 2024 Common Shares 60K $9.15 Direct F3, F4
holding LYTS Option to Buy 21.7K Oct 7, 2024 Common Shares 38K $5.92 Direct F3, F4
holding LYTS Option to Buy 38.4K Oct 7, 2024 Common Shares 43.9K $4.94 Direct F3, F4
holding LYTS Option to Buy 75.6K Oct 7, 2024 Common Shares 75.6K $3.83 Direct F3, F4
holding LYTS Option to Buy 22.6K Oct 7, 2024 Common Shares 22.6K $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.