LSI INDUSTRIES INC - Director's Dealing 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2017-01-11

Reporting Person: SFERRA JAMES P/ (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-11	Common Shares	M	40000	$6.58	Acquired	289532	Direct
2017-01-11	Common Shares	M	22000	$5.21	Acquired	311532	Direct
2017-01-11	Common Shares	F	47094	$9.56	Disposed	264438	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-11	Option to Buy	$6.58	M	40000	Disposed	2022-08-15	Common Shares (40000)	Direct
2017-01-11	Option to Buy	$5.21	M	22000	Disposed	2020-08-19	Common Shares (22000)	Direct

Security	Shares	Ownership
Common Shares	60589	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$6.81	2024-11-20	Common Shares (30000)	30000	Direct
Option to Buy	$7.20	2023-08-22	Common Shares (50000)	50000	Direct
Option to Buy	$19.76	2017-08-24	Common Shares (20000)	20000	Direct
Option to Buy	$8.98	2018-08-22	Common Shares (20000)	20000	Direct
Option to Buy	$8.4	2019-08-21	Common Shares (60000)	60000	Direct

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.