Thomas A. Caneris - Aug 19, 2021 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Role
Sr. VP, HR and General Counsel
Signature
/s/ F. Mark Reuter as Attorney-in-Fact for Thomas A. Caneris
Stock symbol
LYTS
Transactions as of
Aug 19, 2021
Transactions value $
-$12,137
Form type
4
Date filed
8/23/2021, 05:05 PM
Previous filing
Aug 13, 2021
Next filing
Oct 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Tax liability -$12.1K -1.55K -14.55% $7.83 9.1K Aug 19, 2021 Direct
holding LYTS Common Shares 67.8K Aug 19, 2021 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
holding LYTS Option to Buy 100K Aug 19, 2021 Common Shares 100K $4.04 Direct F2, F3
holding LYTS Option to Buy 73.4K Aug 19, 2021 Common Shares 73.4K $3.83 Direct F2, F4
holding LYTS Option to Buy 21.9K Aug 19, 2021 Common Shares 21.9K $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 been previously reported on Form 4.
F3 Non-qualified stock option granted pursuant to the Employment Offer Letter dated June 13, 2019 between the Reporting Person and the Issuer as an inducement award outside the Issuer's 2012 Stock Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The option vests as follows: 100,000 shares on August 5, 2022. The vesting of the option is subject to the Reporting Person's continued employment with the Issuer as Senior Vice President, Human Resources and General Counsel on August 5, 2022.
F4 The options vest ratably over a three year period.