James E. Galeese - 25 Aug 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
25 Aug 2022
Net transactions value
-$56,757
Form type
4
Filing time
29 Aug 2022, 16:04:35 UTC
Previous filing
19 Aug 2022
Next filing
15 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYTS Common Shares Tax liability $56,757 -7,007 -7.4% $8.10 87,463 25 Aug 2022 Direct
holding LYTS Common Shares 43,395 25 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 25 Aug 2022 Common Shares 60,000 $9.15 Direct F2, F3
holding LYTS Option to Buy 38,000 25 Aug 2022 Common Shares 38,000 $5.92 Direct F2, F4
holding LYTS Option to Buy 75,606 25 Aug 2022 Common Shares 75,606 $3.83 Direct F2, F4
holding LYTS Option to Buy 22,586 25 Aug 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.