LSI INDUSTRIES INC — Director's Dealing 2023

Oct 10, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2023-10-06

Reporting Person: Bastian Jeffery S. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-06	Common Shares	M	2090	$16.18	Disposed	40430	Direct
2023-10-06	Common Shares	F	922	$16.18	Disposed	39508	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	64927	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$4.94	2028-08-16	Common Shares (20000)	20000	Direct
Option to Buy	$3.83	2029-08-21	Common Shares (27618)	27618	Direct
Option to Buy	$9.15	2027-06-12	Common Shares (5000)	5000	Direct
Option to Buy	$9.39	2025-07-01	Common Shares (15000)	15000	Direct
Option to Buy	$11.06	2026-07-01	Common Shares (10000)	10000	Direct
Option to Buy	$5.92	2027-08-17	Common Shares (18000)	18000	Direct
Option to Buy	$6.8	2030-08-19	Common Shares (13096)	13096	Direct

Footnotes

F1: Common Shares held in the LSI Industries Inc. Nonqualified Deferred Compensation Plan.

F2: On October 8, 2021, the Reporting Person reported Issuer's grant of restricted stock units (RSUs) which vest in three equal annual installments. This Form 4 reports the annual vesting of the RSUs and withholding of shares by Issuer for the Reporting Person's tax obligations and updates end of period holdings.

F3: These holdings have been previously reported on Form 4.

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

F5: The option vests at a rate of 25% per year beginning on the one year anniversary of the date of grant.