Jeffery S. Bastian - Sep 13, 2022 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Role
Chief Accounting Officer
Signature
/s/ F. Mark Reuter as Attorney-in-Fact on behalf of Jeffrey S. Bastian
Stock symbol
LYTS
Transactions as of
Sep 13, 2022
Transactions value $
-$13,724
Form type
4
Date filed
9/15/2022, 06:43 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 $70.6K +9.8K +26.2% $7.20 47.2K Sep 13, 2022 Direct
transaction LYTS Common Shares Tax liability -$24.4K -2.84K -6.02% $8.60 44.4K Sep 13, 2022 Direct
transaction LYTS Common Shares Sale -$59.9K -6.96K -15.69% $8.60 37.4K Sep 13, 2022 Direct
holding LYTS Common Shares 36.8K 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 -9.8K -57.66% $0.00 7.2K Sep 13, 2022 Common Shares 17K $7.20 Direct F2, F4
holding LYTS Option to Buy 20K Sep 13, 2022 Common Shares 20K $4.94 Direct F2, F3
holding LYTS Option to Buy 27.6K Sep 13, 2022 Common Shares 27.6K $3.83 Direct F2, F3
holding LYTS Option to Buy 5K Sep 13, 2022 Common Shares 5K $9.15 Direct F2, F4
holding LYTS Option to Buy 11.3K Sep 13, 2022 Common Shares 11.3K $6.58 Direct F2, F4
holding LYTS Option to Buy 20K Sep 13, 2022 Common Shares 20K $6.81 Direct F2, F4
holding LYTS Option to Buy 15K Sep 13, 2022 Common Shares 15K $9.39 Direct F2, F4
holding LYTS Option to Buy 10K Sep 13, 2022 Common Shares 10K $11.06 Direct F2, F4
holding LYTS Option to Buy 18K Sep 13, 2022 Common Shares 18K $5.92 Direct F2, F3
holding LYTS Option to Buy 13.1K Sep 13, 2022 Common Shares 13.1K $6.80 Direct F2, F3
* 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 been previously reported on Form 4.
F3 The options vest ratably over a three year time period.
F4 The option vests at a rate of 25% per year beginning on the one year anniversary of the date of grant.