SEC Form 4 · accession 0001140361-17-001778
LSI INDUSTRIES INC · LYTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P/ Sferra
Director
Period of report
Jan 11, 2017
Accepted (ET)
Jan 13, 2017 · 10:56 am 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 Shares | Jan 11, 2017 | M | 40,000 | $6.58 | A | 289,532 | D | |
| Common Shares | Jan 11, 2017 | M | 22,000 | $5.21 | A | 311,532 | D | |
| Common Shares | Jan 11, 2017 | F | 47,094 | $9.56 | D | 264,438 | D | |
| Common SharesF1 | holding | — | — | — | 60,589 | 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 BuyF4,F3 | $6.58 | Jan 11, 2017 | M | 40,000 | D | — | Aug 15, 2022 | Common Shares | 40,000 | 0 | D |
| Option to BuyF4,F3 | $5.21 | Jan 11, 2017 | M | 22,000 | D | — | Aug 19, 2020 | Common Shares | 22,000 | 0 | D |
| Option to BuyF4,F2 | $6.81 | holding | — | — | — | — | Nov 20, 2024 | Common Shares | 30,000 | 30,000 | D |
| Option to BuyF4,F3 | $7.20 | holding | — | — | — | — | Aug 22, 2023 | Common Shares | 50,000 | 50,000 | D |
| Option to BuyF4,F3 | $19.76 | holding | — | — | — | — | Aug 24, 2017 | Common Shares | 20,000 | 20,000 | D |
| Option to BuyF4,F3 | $8.98 | holding | — | — | — | — | Aug 22, 2018 | Common Shares | 20,000 | 20,000 | D |
| Option to BuyF4,F3 | $8.40 | holding | — | — | — | — | Aug 21, 2019 | Common Shares | 60,000 | 60,000 | D |
Explanation of responses
- F1Common shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
- F2Options vest on the anniversary of the grant date, 15% in 2005, 33-1/3% in 2006, 33-1/3% in 2007 and 18-1/3% in 2008.
- 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.