LSI INDUSTRIES INC — Director's Dealing 2017

Dec 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2017-12-06

Reporting Person: Galeese James E (Executive VP; CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-06	Common Shares	P	7641	$6.54	Acquired	41866	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	2379	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$9.15	2027-06-12	Common Shares (60000)	60000	Direct
Option to Buy	$5.92	2027-08-17	Common Shares (38000)	38000	Direct

Footnotes

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

F2: The reported price is a weighted average price. The shares were purchased in multiple transactions ranging from $6.53 to $6.55. The Reporting Person undertakes to provide full pricing information to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange commission upon request.

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

F4: The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.

F5: The options vest ratably over a three year time period.