SEC Form 4 · accession 0001140361-17-032827
LSI INDUSTRIES INC · LYTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Galeese
Officer — Executive VP; CFO
Period of report
Aug 17, 2017
Accepted (ET)
Aug 21, 2017 · 3:09 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 | Aug 17, 2017 | A | 8,500 | $5.92 | A | 8,500 | D | |
| Common SharesF1 | Aug 18, 2017 | P | 16,700 | $6.01 | A | 25,200 | D | |
| Common SharesF2 | holding | — | — | — | 330 | 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 | $5.92 | Aug 17, 2017 | A | 38,000 | A | — | Aug 17, 2027 | Common Shares | 38,000 | 38,000 | D |
| Option to BuyF3,F4 | $9.15 | holding | — | — | — | — | Jun 12, 2027 | Common Shares | 60,000 | 60,000 | D |
Explanation of responses
- F1Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
- F2The reported price is a weighted average price. These shares were purchased in multiple transactions ranging from $5.88 to $6.04. The Reporting Person undertakes to provide full pricing information to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission upon request.
- F3These holdings have previously been reported on Form 4.
- F4The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- F5The options vest ratably over a three year time period.