LSI INDUSTRIES INC — Director's Dealing 2016

May 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2016-05-13

Reporting Person: KREIDER GARY P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-13	Common Shares	S	5754	$12.15	Disposed	6861	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	10000	Indirect
Common Shares	680	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$17.60	2016-08-24	Common Shares (2500)	2500	Direct
Option to Buy	$17.55	2016-11-14	Common Shares (1500)	1500	Direct
Option to Buy	$19.76	2017-08-24	Common Shares (2500)	2500	Direct
Option to Buy	$19.68	2017-11-15	Common Shares (1500)	1500	Direct
Option to Buy	$8.98	2018-08-22	Common Shares (2500)	2500	Direct
Option to Buy	$4.6	2018-11-20	Common Shares (1500)	1500	Direct
Option to Buy	$8.40	2019-08-21	Common Shares (3500)	3500	Direct
Option to Buy	$7.20	2019-11-19	Common Shares (1500)	1500	Direct
Option to Buy	$5.21	2020-08-19	Common Shares (2500)	2500	Direct
Option to Buy	$8.92	2020-11-18	Common Shares (1500)	1500	Direct
Option to Buy	$6.05	2021-11-17	Common Shares (1500)	1500	Direct
Option to Buy	$6.58	2022-08-15	Common Shares (2500)	2500	Direct
Option to Buy	$6.28	2022-11-15	Common Shares (1500)	1500	Direct

Footnotes

F1: The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $12.07 to $12.18. The Reporting Person undertakes to provide full pricing information to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request.

F2: Non-Qualified stock options granted pursuant to the Company's 2003 Equity Compensation Plan. The options vest at a rate of 25% at the conclusion of each 90 day period following the date of grant.

F3: These holdings have been previously reported on Form 4.