SEC Form 4 · accession 0001140361-16-071009
LSI INDUSTRIES INC · LYTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis W. Wells
Officer — CEO and President · Director
Period of report
Jun 24, 2016
Accepted (ET)
Jun 28, 2016 · 3:29 pm EDT
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 | Jun 24, 2016 | A | 230 | $10.99 | A | 7,624 | D | |
| Common Shares | holding | — | — | — | 5,185 | D | ||
| Common SharesF2 | holding | — | — | — | 10,000 | 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 BuyF3 | $5.96 | holding | — | — | — | — | Oct 1, 2024 | Common Shares | 100,000 | 100,000 | D |
| Option to BuyF4,F3 | $6.81 | holding | — | — | — | — | Nov 20, 2024 | Common Shares | 75,000 | 75,000 | D |
| Option to BuyF4,F3 | $6.55 | holding | — | — | — | — | Jan 2, 2025 | Common Shares | 39,923 | 39,923 | D |
| Option to BuyF3 | $9.39 | holding | — | — | — | — | Jul 1, 2025 | Common Shares | 45,000 | 45,000 | D |
Explanation of responses
- F1Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
- F2The Restricted Stock Units were previously reported on Form 4. The units vest in four equal annual installments beginning on the first anniversary of the grant date.
- F3The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- F4These holdings have been previously reported on Form 4.