James E. Galeese - Sep 13, 2022 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Role
Executive VP; CFO
Signature
/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese
Stock symbol
LYTS
Transactions as of
Sep 13, 2022
Transactions value $
-$72,841
Form type
4
Date filed
9/15/2022, 06:42 PM
Previous filing
Aug 29, 2022
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $98.3K +19.9K +22.75% $4.94 107K Sep 13, 2022 Direct
transaction LYTS Common Shares Tax liability -$49.6K -5.77K -5.38% $8.60 102K Sep 13, 2022 Direct
transaction LYTS Common Shares Sale -$122K -14.1K -13.91% $8.60 87.5K Sep 13, 2022 Direct
holding LYTS Common Shares 43.4K Sep 13, 2022 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 LYTS Option to Buy Options Exercise $0 -19.9K -31.19% $0.00 43.9K Sep 13, 2022 Common Shares 19.9K $4.94 Direct F2, F4
holding LYTS Option to Buy 60K Sep 13, 2022 Common Shares 60K $9.15 Direct F2, F3
holding LYTS Option to Buy 38K Sep 13, 2022 Common Shares 38K $5.92 Direct F2, F4
holding LYTS Option to Buy 75.6K Sep 13, 2022 Common Shares 75.6K $3.83 Direct F2, F4
holding LYTS Option to Buy 22.6K Sep 13, 2022 Common Shares 22.6K $6.80 Direct F2, 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 These holdings have previously been reported on Form 4.
F3 The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
F4 The options vest ratably over a three year time period.