James E. Galeese - 17 Aug 2022 Form 4 Insider Report for LSI INDUSTRIES INC (LYTS)

Signature
/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese
Issuer symbol
LYTS
Transactions as of
17 Aug 2022
Net transactions value
$0
Form type
4
Filing time
19 Aug 2022, 16:24:38 UTC
Previous filing
08 Aug 2022
Next filing
29 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Award $0 +20,290 +38% $0.000000 73,130 17 Aug 2022 Direct F2
transaction LYTS Common Shares Award $0 +21,340 +29% $0.000000 94,470 17 Aug 2022 Direct F3
holding LYTS Common Shares 43,395 17 Aug 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
holding LYTS Option to Buy 60,000 17 Aug 2022 Common Shares 60,000 $9.15 Direct F4, F5
holding LYTS Option to Buy 38,000 17 Aug 2022 Common Shares 38,000 $5.92 Direct F4, F6
holding LYTS Option to Buy 75,606 17 Aug 2022 Common Shares 75,606 $3.83 Direct F4, F6
holding LYTS Option to Buy 22,586 17 Aug 2022 Common Shares 22,586 $6.80 Direct F4, F6
* 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 Award of restricted stock units (RSUs) pursuant to 2019 Omnibus Award Plan and FY23 Long Term Incentive Plan. The RSUs vest in equal annual installments over three years.
F3 Acquired shares pursuant to vesting of performance share units granted in August 2019.
F4 These holdings have previously been reported on Form 4.
F5 The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
F6 The options vest ratably over a three year time period.