DAKTRONICS INC /SD/ — Director's Dealing 2011

Dec 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAKTRONICS INC /SD/ (DAKT)
CIK: 0000915779
Period of Report: 2011-12-01

Reporting Person: Kurtenbach Reece A (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-01	Incentive Stock Option	$9.2400	A	10500.0000	Acquired	2016-11-30	Common Stock (10500.0000)	Direct
2011-12-01	Restricted Stock Units	$0.0001	A	2100.0000	Acquired		Common Stock (2100.0000)	Direct

Footnotes

F1: Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/1/12-20%; 12/1/13-20%; 12/1/14-20%; 12/1/15-20%; 12/1/16-20%

F2: Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.

F3: Restricted Stock Units granted on 12/1/2011 vest 20% each year for five years beginning 12/1/2012. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.