SEC Form 4 · accession 0000915779-16-000192
DAKTRONICS INC /SD/ · DAKT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sheila Mae Anderson
Officer — CFO & Treasurer
Period of report
Aug 23, 2016
Accepted (ET)
Aug 25, 2016 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000915779
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 23, 2016 | M | 240 | $0.00 | A | 6,841 | D | |
| Common Stock | Aug 23, 2016 | M | 160 | $0.00 | A | 7,001 | D | |
| Common Stock | Aug 23, 2016 | M | 550 | $0.00 | A | 7,551 | D | |
| Common Stock | Aug 23, 2016 | M | 600 | $0.00 | A | 8,151 | D | |
| Common Stock | Aug 23, 2016 | M | 600 | $0.00 | A | 8,751 | D | |
| Common StockF1 | Aug 23, 2016 | A | 697 | $0.00 | A | 6,394 | I | by 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Aug 23, 2016 | M | 240 | D | — | — | Common Stock | 240 | 7,770 | D |
| Restricted Stock UnitsF3 | $0.00 | Aug 23, 2016 | M | 160 | D | — | — | Common Stock | 160 | 7,610 | D |
| Restricted Stock UnitsF4 | $0.00 | Aug 23, 2016 | M | 550 | D | — | — | Common Stock | 550 | 7,060 | D |
| Restricted Stock UnitsF5 | $0.00 | Aug 23, 2016 | M | 600 | D | — | — | Common Stock | 600 | 6,460 | D |
| Restricted Stock UnitsF6 | $0.00 | Aug 23, 2016 | M | 600 | D | — | — | Common Stock | 600 | 5,860 | D |
Explanation of responses
- F1Between December 1, 2015 and August 23, 2016, the reporting person acquired 697.2175 shares of common stock of Daktronics, Inc. under the Daktronics, Inc. 401k Plan.
- F2Restricted Stock Units granted on 9/12/2012 vest 20% each year for five years beginning on 8/23/2013. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
- F3Restricted Stock Units granted on 8/23/2012 vest 20% each year for five years beginning on 8/23/2013. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
- F4Restricted Stock Units granted on 8/22/2013 vest 20% each year for five years beginning on 8/23/2014. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
- F5Restricted Stock Units granted on 9/4/14 vest 20% each year for five years beginning on 8/23/2015. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
- F6Restricted Stock Units granted on 09/03/2015 vest 20% each year for five years beginning on 08/23/2016. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.