LSI INDUSTRIES INC — Director's Dealing 2017

Aug 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2017-08-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-17	Common Shares	A	8500	$5.92	Acquired	8500	Direct
2017-08-18	Common Shares	P	16700	$6.01	Acquired	25200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-17	Option to Buy	$5.92	A	38000	Acquired	2027-08-17	Common Shares (38000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	330	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$9.15	2027-06-12	Common Shares (60000)	60000	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. These shares were purchased in multiple transactions ranging from $5.88 to $6.04. 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.