SEC Form 4 · accession 0001140361-15-004111
LSI INDUSTRIES INC · LYTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Ready
Officer — Chairman of the Board · Director
Period of report
Feb 2, 2015
Accepted (ET)
Feb 4, 2015 · 4:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000763532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Feb 2, 2015 | S | 9,100 | $7.325 | D | 675,185 | D | |
| Common SharesF2 | Feb 3, 2015 | S | 12,650 | $7.325 | D | 662,535 | D | |
| Common SharesF3 | holding | — | — | — | 91,072 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to BuyF5,F4 | $7.20 | holding | — | — | — | — | Aug 22, 2023 | Common Shares | 53,000 | 53,000 | D |
| Option to BuyF5,F4 | $6.58 | holding | — | — | — | — | Aug 15, 2022 | Common Shares | 45,000 | 45,000 | D |
| Option to BuyF5,F4 | $17.60 | holding | — | — | — | — | Aug 24, 2016 | Common Shares | 25,000 | 25,000 | D |
| Option to BuyF5,F4 | $19.76 | holding | — | — | — | — | Aug 24, 2017 | Common Shares | 20,000 | 20,000 | D |
| Option to BuyF5,F4 | $8.98 | holding | — | — | — | — | Aug 22, 2018 | Common Shares | 20,000 | 20,000 | D |
| Option to BuyF5,F4 | $8.40 | holding | — | — | — | — | Aug 21, 2019 | Common Shares | 65,000 | 65,000 | D |
Explanation of responses
- F1The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.27 to $7.38 per share. The Reporting Person undertakes to provide full pricing information to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request.
- F2The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.31 to $7.42 per share. The Reporting Person undertakes to provide full pricing information to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request.
- F3Common shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
- F4The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- F5These holdings have been previously reported on Form 4.