DAKTRONICS INC /SD/ — Director's Dealing 2012

Sep 14, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: DAKTRONICS INC /SD/ (DAKT)
CIK: 0000915779
Period of Report: 2012-09-12

Reporting Person: Anderson Sheila Mae (Treasurer/CFO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1193.9400	Direct
Common Stock	3285.2354	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option	$8.2900	2018-12-03	Common Stock (3500.0000)		Direct
Incentive Stock Option	$8.6500	2019-12-02	Common Stock (3500.0000)		Direct
Incentive Stock Option	$8.8500	2013-11-19	Common Stock (1200.0000)		Direct
Incentive Stock Option	$9.2400	2021-11-30	Common Stock (4000.0000)		Direct
Incentive Stock Option	$9.5100	2022-08-22	Common Stock (4000.0000)		Direct
Incentive Stock Option	$12.8350	2014-11-22	Common Stock (1200.0000)		Direct
Incentive Stock Option	$13.5950	2015-11-16	Common Stock (2000.0000)		Direct
Incentive Stock Option	$14.3700	2020-12-01	Common Stock (2445.0000)		Direct
Incentive Stock Option	$20.0700	2017-11-14	Common Stock (4000.0000)		Direct
Incentive Stock Option	$34.0650	2016-11-15	Common Stock (2500.0000)		Direct
Restricted Stock Units	$0.0000		Common Stock (420.0000)		Direct
Restricted Stock Units	$0.0001		Common Stock (392.0000)		Direct
Restricted Stock Units	$0.0002		Common Stock (800.0000)		Direct
Restricted Stock Units	$0.0003		Common Stock (800.0000)		Direct

Footnotes

F1: The information in this report is based on a plan statement dated as of September 11, 2012.

F2: 20% vested each year for a total of five years - Remaining vesting schedule - 12/04/2009- 20%, 12/04/2010-20%, 12/04/2011-20%, 12/04/2012-20%, 12/04/2013-20%

F3: Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule - 12/03/2010- 20%, 12/03/2011-20%, 12/03/2012-20%, 12/03/2013-20%, 12/03/2014-20%

F4: 20% vested each year for a total of 5 years - Vesting schedule- 11/19/04 - 20%, 11/19/05- 20%, 11/19/06 - 20%, 11/19/07 - 20%, 11/19/08 - 20%

F5: 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%

F6: Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 8/23/13-20%; 8/23/14-20%; 8/23/15-20%; 8/23/16-20%; 8/23/17-20%

F7: 20% vested each year for a total of five years - Remaining vesting schedule - 11/23/05- 20%, 11/23/06-20%, 11/23/07-20%, 11/23/08-20%, 11/23/09-20%

F8: 20% vested each year for a total of five years - Remaining vesting schedule - 11/17/06- 20%, 11/17/07-20%, 11/17/08-20%, 11/17/09-20%, 11/17/10-20%

F9: Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule - 12/02/11-20%, 12/02/12-20%, 12/02/13-20%, 12/02/14-20%, 12/02/15-20%

F10: 20% vested each year for a total of five years - Remaining vesting schedule - 11/15/2008- 20%, 11/15/2009-20%, 11/15/2010-20%, 11/15/2011-20%, 11/15/2012-20%

F11: 20% vested each year for a total of five years - Remaining vesting schedule - 11/16/2007- 20%, 11/16/2008-20%, 11/16/2009-20%, 11/16/2010-20%, 11/16/2011-20%

F12: Restricted Stock Units granted on 12/3/2009 vest 20% each year for five years beginning on 12/3/2010. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

F13: Each Restricted Stock Unit represents the contingent right to receive one share of Daktroics, Inc. common stock.

F14: Restricted Stock Units granted on 12/2/2010 vest 20% each year for five years beginning 12/2/2011. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

F15: 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.

F16: Restricted Stock Units granted on 8/23/2012 vest 20% each year for five years beginning on 8/23/2013. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.