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LSI INDUSTRIES INC Director's Dealing 2015

Aug 25, 2015

32508_dirs_2015-08-25_7d67cd2a-cc47-489a-bc20-7eeeaa81a425.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2015-08-21

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-08-21 Common Shares S 17072 $9.01 Disposed 322460 Direct
2015-08-21 Common Shares S 8428 $9.05 Disposed 314032 Direct
2015-08-25 Common Shares S 4500 $9.04 Disposed 309532 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 56938 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option to Buy $6.81 2024-11-20 Common Shares (30000) 30000 Direct
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: The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $9.00 to $9.24. The Reporting Person undertakes to provide full pricing information to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission upon request.

F2: The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $9.00 to $9.13. The Reporting Person undertakes to provide full pricing information to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission upon request.

F3: The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $9.00 to $9.10. The Reporting Person undertakes to provide full pricing information to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission upon request.

F4: Common shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.

F5: 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.

F6: The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.

F7: These holdings have been previously reported on Form 4.