Matthew J. Kurtenbach - 13 Sep 2023 Form 4 Insider Report for DAKTRONICS INC /SD/ (DAKT)

Role
VP of Manufacturing
Signature
Matthew J. Kurtenbach
Issuer symbol
DAKT
Transactions as of
13 Sep 2023
Net transactions value
-$175,387
Form type
4
Filing time
15 Sep 2023, 12:49:50 UTC
Previous filing
13 Sep 2023
Next filing
03 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAKT Common Stock Options Exercise $14,150 +2,500 +1.2% $5.66 211,406 13 Sep 2023 Direct F1
transaction DAKT Common Stock Options Exercise $30,825 +7,500 +3.5% $4.11 218,906 13 Sep 2023 Direct F1
transaction DAKT Common Stock Options Exercise $6,795 +2,250 +1% $3.02 221,156 13 Sep 2023 Direct F1
transaction DAKT Common Stock Sale $23,179 -2,500 -1.1% $9.27 218,656 13 Sep 2023 Direct F1
transaction DAKT Common Stock Sale $69,538 -7,500 -3.4% $9.27 211,156 13 Sep 2023 Direct F1
transaction DAKT Common Stock Sale $20,861 -2,250 -1.1% $9.27 208,906 13 Sep 2023 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 DAKT Incentive Stock Options Options Exercise $23,179 -2,500 -3.3% $9.27 72,461 13 Sep 2023 Common Stock 2,500 $5.66 Direct F1, F2
transaction DAKT Non-Qualified Stock Option Options Exercise $69,538 -7,500 -10% $9.27 64,961 13 Sep 2023 Common Stock 7,500 $4.11 Direct F1, F3
transaction DAKT Incentive Stock Options Options Exercise $20,861 -2,250 -3.5% $9.27 62,711 13 Sep 2023 Common Stock 2,250 $3.02 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold a weighted-average price of open market same-day sale.
F2 Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2022; 08/23/2023; 08/23/2024, 08/23/2025; 08/23/2026.
F3 Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2021; 08/23/2022; 08/23/2023; 08/23/2024; 08/23/2025
F4 Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2023, 08/23/2024, 08/23/2025, 08/23/2026, 08/23/2027.