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DAKTRONICS INC /SD/ — Director's Dealing 2013
Aug 27, 2013
32225_dirs_2013-08-27_e4af0ba4-c3da-460f-b480-b67e9d63d755.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: 2013-08-22
Reporting Person: Kurtenbach Reece A (Exec VP of Live Events)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-22 | Incentive Stock Options | $11.05 | A | 8750.0 | Acquired | 2023-08-22 | Common Stock (8750) | Direct |
| 2013-08-22 | Restricted Stock Units | $0.0 | A | 3500.0 | Acquired | Common Stock (3500) | Direct |
Footnotes
F1: Incentive Stock Options: 20% vested each year for a total of 5 years - vesting schedule: 8/23/2014; 8/23/2015; 8/23/2016; 8/23/2017; 8/23/2018.
F2: Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
F3: Restricted Stock Units granted on 8/22/2013 vest 20% each year for five years beginning on 8/23/2014. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
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