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DAKTRONICS INC /SD/ Director's Dealing 2012

Sep 14, 2012

32225_dirs_2012-09-14_81a2f210-6b77-4cf9-aa58-9046e30d31fb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Anderson Sheila Mae (Treasurer/CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-09-12 Incentive Stock Option $9.5600 A 6000.0000 Acquired 2022-08-22 Common Stock (6000.0000) Direct
2012-09-12 Restricted Stock Units $0.0004 A 1200.0000 Acquired Common Stock (1200.0000) Direct

Footnotes

F1: 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%

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

F3: Restricted Stock Units granted on 9/12/2012 vest 20% each year for five years beginning on 8/23/2013. Vested shares will be deliverd to the reporting person as soon as practicable after the date of vesting.