LSI INDUSTRIES INC — Director's Dealing 2017

Mar 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2017-03-13

Reporting Person: SFERRA JAMES P/ (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-13	Common Shares	M	4260	$6.81	Acquired	269876	Direct
2017-03-13	Common Shares	S	4260	$9.53	Disposed	265616	Direct
2017-03-14	Common Shares	M	1821	$6.81	Acquired	267437	Direct
2017-03-14	Common Shares	S	1821	$9.31	Disposed	265616	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-13	Option to Buy	$6.81	M	4260	Disposed	2024-11-20	Common Shares (30000)	Direct
2017-03-14	Option to Buy	$6.81	M	1821	Disposed	2024-11-20	Common Shares (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	60589	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$19.76	2017-08-24	Common Shares (20000)	20000	Direct

Footnotes

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

F2: Options vest on the anniversary of the grant date, 15% in 2005, 33-1/3% in 2006, 33-1/3% in 2007 and 18-1/3% 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.