LSI INDUSTRIES INC — Director's Dealing 2022

Aug 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2022-08-17

Reporting Person: Caneris Thomas A (Sr. VP, HR and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-17	Common Shares	A	17391	—	Acquired	28045	Direct
2022-08-17	Common Shares	A	20718	—	Acquired	48763	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	100519	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$4.04	2029-08-05	Common Shares (100000)	100000	Direct
Option to Buy	$3.83	2029-08-21	Common Shares (73404)	73404	Direct
Option to Buy	$6.80	2030-08-19	Common Shares (21928)	21928	Direct

Footnotes

F1: Award of restricted stock units (RSUs) pursuant to 2019 Omnibus Award Plan and FY23 Long Term Incentive Plan. The RSUs vest in equal annual installments over three years.

F2: Acquired shares pursuant to vesting of performance share units granted in August 2019.

F3: Common shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.

F4: These holdings have been previously reported on Form 4.

F5: Non-qualified stock option granted pursuant to the Employment Offer Letter dated June 13, 2019 between the Reporting Person and the Issuer as an inducement award outside the Issuer's 2012 Stock Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The option vests as follows: 100,000 shares on August 5, 2022. The vesting of the option is subject to the Reporting Person's continued employment with the Issuer as Senior Vice President, Human Resources and General Counsel on August 5, 2022.

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