James E. Galeese - 15 Sep 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
Issuer symbol
LYTS
Transactions as of
15 Sep 2022
Net transactions value
-$18,520
Form type
4
Filing time
19 Sep 2022, 18:44:37 UTC
Previous filing
15 Sep 2022
Next filing
23 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Options Exercise $27,229 +5,512 +5.1% $4.94 112,877 15 Sep 2022 Direct
transaction LYTS Common Shares Tax liability $5,370 -647 -0.57% $8.30 112,230 15 Sep 2022 Direct
transaction LYTS Common Shares Sale $40,380 -4,865 -4.3% $8.30 107,365 15 Sep 2022 Direct
holding LYTS Common Shares 43,395 15 Sep 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 -5,512 -13% $0.000000 38,386 15 Sep 2022 Common Shares 43,898 $4.94 Direct F2, F4, F5
holding LYTS Option to Buy 60,000 15 Sep 2022 Common Shares 60,000 $9.15 Direct F2, F3
holding LYTS Option to Buy 38,000 15 Sep 2022 Common Shares 38,000 $5.92 Direct F2, F4
holding LYTS Option to Buy 75,606 15 Sep 2022 Common Shares 75,606 $3.83 Direct F2, F4
holding LYTS Option to Buy 22,586 15 Sep 2022 Common Shares 22,586 $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.
F5 The reporting person sold 17,446 shares on September 13, 2022 and an additional 2,456 shares were withheld to pay taxes. This information corrects the information in Table I of the reporting persons September 13, 2022 Form 4.