Reece A. Kurtenbach - Sep 9, 2024 Form 4 Insider Report for DAKTRONICS INC /SD/ (DAKT)

Role
Chairman, President and CEO, Director
Signature
Reece A. Kurtenbach
Stock symbol
DAKT
Transactions as of
Sep 9, 2024
Transactions value $
$0
Form type
4
Date filed
9/11/2024, 05:03 PM
Previous filing
Aug 27, 2024
This filing has been restated, see here for the amended filing

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 Option Award $0 +4.18K +2.96% $0.00 145K Sep 9, 2024 Common Stock 4.18K $5.98 Direct F1
transaction DAKT Restricted Stock Units Award $0 +2.27K +26.87% $0.00 10.7K Sep 9, 2024 Common Stock 2.27K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Incentive Stock Options vest 20% each for a total of five years - vesting schedule 08/23/2025, 08/23/2026, 08/23/2027, 08/23/2028, 08/23/2029
F2 Restricted Stock Units granted on 09/09/2024 vest 20% each years beginning 08/23/2025. Vested shares will be delivered to the reporting person as soon as practicable after the vesting.
F3 Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.