Jeffery S. Bastian - 15 Sep 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 Jeffery S. Bastian
Issuer symbol
LYTS
Transactions as of
15 Sep 2022
Net transactions value
-$2,988
Form type
4
Filing time
19 Sep 2022, 18:45:07 UTC
Previous filing
15 Sep 2022
Next filing
18 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 $19,555 +2,716 +5.8% $7.20 49,930 15 Sep 2022 Direct
transaction LYTS Common Shares Tax liability $863 -104 -0.21% $8.30 49,826 15 Sep 2022 Direct
transaction LYTS Common Shares Sale $21,680 -2,612 -5.2% $8.30 47,214 15 Sep 2022 Direct
holding LYTS Common Shares 36,781 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 -2,716 -38% $0.000000 4,481 15 Sep 2022 Common Shares 7,197 $7.20 Direct F2, F4, F5
holding LYTS Option to Buy 20,000 15 Sep 2022 Common Shares 20,000 $4.94 Direct F2, F3
holding LYTS Option to Buy 27,618 15 Sep 2022 Common Shares 27,618 $3.83 Direct F2, F3
holding LYTS Option to Buy 5,000 15 Sep 2022 Common Shares 5,000 $9.15 Direct F2, F4
holding LYTS Option to Buy 11,250 15 Sep 2022 Common Shares 11,250 $6.58 Direct F2, F4
holding LYTS Option to Buy 20,000 15 Sep 2022 Common Shares 20,000 $6.81 Direct F2, F4
holding LYTS Option to Buy 15,000 15 Sep 2022 Common Shares 15,000 $9.39 Direct F2, F4
holding LYTS Option to Buy 10,000 15 Sep 2022 Common Shares 10,000 $11.06 Direct F2, F4
holding LYTS Option to Buy 18,000 15 Sep 2022 Common Shares 18,000 $5.92 Direct F2, F3
holding LYTS Option to Buy 13,096 15 Sep 2022 Common Shares 13,096 $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.
F5 The reporting person sold 9,341 shares on September 13, 2022 and an additional 462 shares were withheld to pay taxes. This information corrects the information in Table 1 of the reporting persons September 13, 2022 Form 4.