LSI INDUSTRIES INC — Director's Dealing 2014

Aug 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2014-08-25

Reporting Person: SFERRA JAMES P/ (Director, Executive VP - Manufacturing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-25	Common Shares	A	3416	$6.95	Acquired	56938	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	339532	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$7.20	2023-08-22	Common Shares (50000)	50000	Direct
Option to Buy	$6.58	2022-08-15	Common Shares (40000)	40000	Direct
Option to Buy	$9.96	2014-10-27	Common Shares (30000)	30000	Direct
Option to Buy	$17.60	2016-08-24	Common Shares (25000)	25000	Direct
Option to Buy	$19.76	2017-08-24	Common Shares (20000)	20000	Direct
Option to Buy	$8.98	2018-08-22	Common Shares (20000)	20000	Direct
Option to Buy	$8.4	2019-08-21	Common Shares (60000)	60000	Direct
Option to Buy	$5.21	2020-08-19	Common Shares (22000)	22000	Direct

Footnotes

F1: Common shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.

F2: Options vest on the anniversary of the grant date, 15% in 2005, 33-1/3% in 2006, 33-1/3% in 2007 and 18-1/3% in 2008.

F3: The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.

F4: These holdings have been previously reported on Form 4.