LSI INDUSTRIES INC — Director's Dealing 2017

Aug 22, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2017-08-18

Reporting Person: Foerster Andrew (Executive VP and CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-18	Common Shares	A	380	$5.98	Acquired	9466	Direct
2017-08-21	Common Shares	A	2114	$5.98	Acquired	11580	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	19000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$7.88	2025-03-02	Common Shares (50000)	50000	Direct
Option to Buy	$9.39	2025-07-01	Common Shares (30000)	30000	Direct
Option to Buy	$11.06	2026-07-01	Common Shares (30000)	30000	Direct
Option to Buy	$9.39	2025-07-01	Common Shares (50000)	50000	Direct
Option to Buy	$5.92	2027-08-17	Common Shares (30000)	30000	Direct

Footnotes

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

F2: The option vests in four equal annual installments beginning on March 2, 2016.

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: On July 1, 2015, the Reporting Person was granted an option to purchase 50,000 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.

F6: The options vest ratably over a three year time period.