SEC Form 4 · accession 0001140361-16-071597
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
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 4:39 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 Shares | Jul 1, 2016 | A | 11,700 | $0.00 | A | 26,885 | D | |
| Common SharesF1 | holding | — | — | — | 7,624 | 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 BuyF2 | $11.06 | Jul 1, 2016 | A | 60,000 | A | — | Jul 1, 2026 | Common Shares | 60,000 | 60,000 | D |
| Option to BuyF2 | $5.96 | holding | — | — | — | — | Oct 1, 2024 | Common Shares | 100,000 | 100,000 | D |
| Option to BuyF3,F2 | $6.81 | holding | — | — | — | — | Nov 20, 2024 | Common Shares | 75,000 | 75,000 | D |
| Option to BuyF3,F2 | $6.55 | holding | — | — | — | — | Jan 2, 2025 | Common Shares | 39,923 | 39,923 | D |
| Option to BuyF3,F2 | $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 options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- F3These holdings have been previously reported on Form 4.