Reece A. Kurtenbach - Sep 2, 2021 Form 4 Insider Report for DAKTRONICS INC /SD/ (DAKT)

Role
Chairman, President and CEO, Director
Signature
/s/ Reece A. Kurtenbach
Stock symbol
DAKT
Transactions as of
Sep 2, 2021
Transactions value $
$0
Form type
4
Date filed
9/8/2021, 04:52 PM
Previous filing
Aug 25, 2021
Next filing
Dec 8, 2021

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 +13.5K +7.99% $0.00 183K Sep 2, 2021 Common Stock 13.5K $5.66 Direct F1
transaction DAKT Restricted Stock Units Award $0 +5.4K +49.45% $0.00 16.3K Sep 2, 2021 Common Stock 5.4K $0.00 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 20% vested each year for a total of five years - vesting schedule 8/23/2022, 08/23/2023, 08/23/2024, 08/23/2025, 08/23/2026.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
F3 Restricted Stock Units granted on 09/02/2021 vest 20% each year for five years beginning on 08/23/2022. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.