LSI INDUSTRIES INC — Director's Dealing 2022

Sep 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2022-09-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-15	Common Shares	M	5512	$4.94	Acquired	112877	Direct
2022-09-15	Common Shares	F	647	$8.30	Disposed	112230	Direct
2022-09-15	Common Shares	S	4865	$8.30	Disposed	107365	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-09-15	Option to Buy	$4.94	M	5512	Disposed	2028-08-16	Common Shares (43898)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	43395	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$9.1500	2027-06-12	Common Shares (60000)	60000	Direct
Option to Buy	$5.9200	2027-08-17	Common Shares (38000)	38000	Direct
Option to Buy	$3.8300	2029-08-21	Common Shares (75606)	75606	Direct
Option to Buy	$6.8000	2030-08-19	Common Shares (22586)	22586	Direct

Footnotes

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

F2: These holdings have previously been reported on Form 4.

F3: The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.

F4: The options vest ratably over a three year time period.

F5: The reporting person sold 17,446 shares on September 13, 2022 and an additional 2,456 shares were withheld to pay taxes. This information corrects the information in Table I of the reporting persons September 13, 2022 Form 4.