LSI INDUSTRIES INC — Director's Dealing 2023

Aug 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LSI INDUSTRIES INC (LYTS)
CIK: 0000763532
Period of Report: 2023-08-16

Reporting Person: Galeese James E (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-16	Common Shares	A	16928	—	Acquired	149289	Direct
2023-08-16	Common Shares	A	18813	—	Acquired	168102	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-19	Option to Buy	$9.15	M	25004	Disposed	2027-06-12	Common Shares (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	61328	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$5.92	2027-08-17	Common Shares (38000)	38000	Direct
Option to Buy	$4.94	2028-08-16	Common Shares (43898)	38386	Direct
Option to Buy	$3.83	2029-08-21	Common Shares (75606)	75606	Direct
Option to Buy	$6.8	2030-08-19	Common Shares (22586)	22586	Direct

Footnotes

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

F2: Award of restricted stock units (RSUs) pursuant to 2019 Omnibus Award Plan and FY24 Long Term Incentive Plan. The RSUs vest in equal annual installments over three years.

F3: Acquired shares pursuant to vesting of performance share units granted in August 2020.

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

F5: The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.

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