Filing Details
- Accession Number:
- 0001140361-17-032831
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-21 16:14:03
- Reporting Period:
- 2017-08-17
- Accepted Time:
- 2017-08-21 15:14:03
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1634999 | Andrew Foerster | C/O 10000 Alliance Road Cincinnati OH 45242 | Executive Vp And Cto | No | 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 | 6,500 | $5.92 | 17,000 | No | 4 | A | Direct | |
| Common Shares | Acquisiton | 2017-08-18 | 2,000 | $6.05 | 19,000 | 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 | 30,000 | $0.00 | 30,000 | $5.92 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 30,000 | 2027-08-17 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Shares | 9,086 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Shares | Option to Buy | $7.88 | 2025-03-02 | 50,000 | 50,000 | Direct | |
| Common Shares | Option to Buy | $9.39 | 2025-07-01 | 30,000 | 30,000 | Direct | |
| Common Shares | Option to Buy | $11.06 | 2026-07-01 | 30,000 | 30,000 | Direct | |
| Common Shares | Option to Buy | $9.39 | 2025-07-01 | 50,000 | 50,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2025-03-02 | 50,000 | 50,000 | Direct |
| 2025-07-01 | 30,000 | 30,000 | Direct |
| 2026-07-01 | 30,000 | 30,000 | Direct |
| 2025-07-01 | 50,000 | 50,000 | 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 $6.035 to $6.06. 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 option vests in four equal annual installments beginning on March 2, 2016.
- These holdings have previously been reported on Form 4.
- The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- On July 1, 2015, the Reporting Person was granted an option to purchase 50,000 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 ratably over a three year time period.
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