James E. Galeese - 07 Oct 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
07 Oct 2024
Net transactions value
+$56,991
Form type
4
Filing time
09 Oct 2024, 11:57:11 UTC
Previous filing
21 Aug 2024
Next filing
12 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $87,830 +5,323 +4% $16.50 137,534 07 Oct 2024 Direct F2
transaction LYTS Common Shares Tax liability $30,838 -1,869 -1.4% $16.50 134,788 07 Oct 2024 Direct F2
holding LYTS Common Shares 68,316 07 Oct 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 32,874 07 Oct 2024 Common Shares 60,000 $9.15 Direct F3, F4
holding LYTS Option to Buy 21,701 07 Oct 2024 Common Shares 38,000 $5.92 Direct F3, F4
holding LYTS Option to Buy 38,386 07 Oct 2024 Common Shares 43,898 $4.94 Direct F3, F4
holding LYTS Option to Buy 75,606 07 Oct 2024 Common Shares 75,606 $3.83 Direct F3, F4
holding LYTS Option to Buy 22,586 07 Oct 2024 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.