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

Role
VP of Manufacturing
Signature
Matthew J. Kurtenbach
Stock symbol
DAKT
Transactions as of
Sep 13, 2023
Transactions value $
-$175,387
Form type
4
Date filed
9/15/2023, 12:49 PM
Previous filing
Sep 13, 2023
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAKT Common Stock Options Exercise $14.2K +2.5K +1.2% $5.66 211K Sep 13, 2023 Direct F1
transaction DAKT Common Stock Options Exercise $30.8K +7.5K +3.55% $4.11 219K Sep 13, 2023 Direct F1
transaction DAKT Common Stock Options Exercise $6.8K +2.25K +1.03% $3.02 221K Sep 13, 2023 Direct F1
transaction DAKT Common Stock Sale -$23.2K -2.5K -1.13% $9.27 219K Sep 13, 2023 Direct F1
transaction DAKT Common Stock Sale -$69.5K -7.5K -3.43% $9.27 211K Sep 13, 2023 Direct F1
transaction DAKT Common Stock Sale -$20.9K -2.25K -1.07% $9.27 209K Sep 13, 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 -$23.2K -2.5K -3.34% $9.27 72.5K Sep 13, 2023 Common Stock 2.5K $5.66 Direct F1, F2
transaction DAKT Non-Qualified Stock Option Options Exercise -$69.5K -7.5K -10.35% $9.27 65K Sep 13, 2023 Common Stock 7.5K $4.11 Direct F1, F3
transaction DAKT Incentive Stock Options Options Exercise -$20.9K -2.25K -3.46% $9.27 62.7K Sep 13, 2023 Common Stock 2.25K $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.