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LSI INDUSTRIES INC Director's Dealing 2016

Nov 1, 2016

32508_dirs_2016-11-01_bb49029c-c2d4-4c0d-9cbe-4add4ba8cbd3.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: 2016-10-28

Reporting Person: STOWELL RONALD S (VP, CFO and Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-10-28 Common Shares A 209 $8.86 Acquired 73653 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 27376 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option to Buy $6.81 2024-11-20 Common Shares (40000) 40000 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 $19.76 2017-08-24 Common Shares (25000) 25000 Direct
Option to Buy $8.98 2018-08-22 Common Shares (30000) 30000 Direct
Option to Buy $8.4 2019-08-21 Common Shares (45000) 45000 Direct
Option to Buy $9.39 2025-07-01 Common Shares (40000) 40000 Direct
Option to Buy $11.06 2026-07-01 Common Shares (40000) 40000 Direct
Option to Buy $9.39 2025-07-01 Common Shares (60000) 60000 Direct

Footnotes

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

F2: Options granted vest on the anniversary of the grant date, 9.2% in 2005, 40% in 2007 and 10.8% 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.

F5: On July 1, 2015, the Reporting Person was granted an option to purchase 60,000 shares of common stock. The option vests in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for the fiscal year ending June 30, 2016. On September 8, 2016, it was determined that the performance criteria were met.