Home > Insider Trading > Filing (0001140361-17-032828)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
763532	Lsi Industries Inc	LYTS	Electric Lighting & Wiring Equipment (3640)	310888951

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1621087	W. Dennis Wells	10000 Alliance Road Cincinnati OH 45242	Ceo And President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares	Acquisiton	2017-08-17	25,490	$5.92	78,885	No	4	A	Direct
Common Shares	Acquisiton	2017-08-18	2,800	$5.80	81,685	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Shares	Option to Buy	Acquisiton	2017-08-17	60,477	$0.00	60,477	$5.92

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
60,477		2027-08-17	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares	22,930	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Shares	Option to Buy	$5.96	2024-10-01	100,000	100,000	Direct
Common Shares	Option to Buy	$6.81	2024-11-20	75,000	75,000	Direct
Common Shares	Option to Buy	$6.55	2025-01-02	39,923	39,923	Direct
Common Shares	Option to Buy	$9.39	2025-07-01	45,000	45,000	Direct
Common Shares	Option to Buy	$11.06	2026-07-01	60,000	60,000	Direct
Common Shares	Option to Buy	$9.39	2025-07-01	90,000	90,000	Direct
Common Shares	Option to Buy	$10.20	2027-02-24	65,963	65,963	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-10-01	100,000	100,000	Direct
2024-11-20	75,000	75,000	Direct
2025-01-02	39,923	39,923	Direct
2025-07-01	45,000	45,000	Direct
2026-07-01	60,000	60,000	Direct
2025-07-01	90,000	90,000	Direct
2027-02-24	65,963	65,963	Direct

Footnotes

Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
The reported price is a weighted average price. These shares were purchased in multiple transactions ranging from $5.77 to $6.05. 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.
The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
These holdings have been previously reported on Form 4.
On July 1, 2015, the Reporting Person was granted an option to purchase 90,000 shares of common stock. The option vests in three equal annual installments based on the Issuer's satisfaction of certain performance criteria for the fiscal year ending June 30, 2016. On September 8, 2016, it was determined that the performance criteria were met.
The options vest in full on the third anniversary of the grant date.
The options vest ratably over a three year time period.