SEC Form 4 · accession 0001140361-17-046390
LSI INDUSTRIES INC · LYTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard E. Japlon
Officer — Exec.VP, HR & GC, Secretary
Period of report
Dec 14, 2017
Accepted (ET)
Dec 15, 2017 · 4:01 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 | Dec 14, 2017 | P | 5,000 | $6.88 | A | 23,500 | 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,F3 | $9.48 | holding | — | — | — | — | Mar 21, 2027 | Common Shares | 60,000 | 60,000 | D |
| Option to BuyF2,F4 | $5.92 | holding | — | — | — | — | Aug 17, 2027 | Common Shares | 38,000 | 38,000 | D |
Explanation of responses
- F1The reported price is a weighted average price. The shares were purchased in multiple transactions ranging from $6.86 to $6.90. 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.
- F2These holdings have been previously reported on Form 4.
- F3The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- F4The options vest ratably over a three year time period.