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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
1756328	Anthony James Clark	10000 Alliance Road Cincinnati OH 45242	Ceo And President	No	No	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	Disposition	2023-08-22	15,403	$15.96	165,231	No	4	S	Direct

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares	164,693	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Shares	Option to Buy	$4.40		2028-11-01	500,000	500,000	Direct
Common Shares	Option to Buy	$6.80		2030-08-19	76,271	76,271	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2028-11-01	500,000	500,000	Direct
2030-08-19	76,271	76,271	Direct

Footnotes

Disposition of shares for payment of taxes upon vesting of restricted stock units and performance share units.
Common shares held in the LSI Industries Inc. Non-Qualified Deferral Compensation Plan.
These holdings have been previously reported on Form 4.
Non-qualified stock option granted pursuant to the Employment Agreement dated October 15, 2018 between the Reporting Person and the Issuer as an inducement award outside the Issuer's 2012 Stock Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The option vests as follows: (i) 250,000 shares on November 1, 2021; (ii) 125,000 shares if the closing price per share of the Issuer's common stock is at least $9.50 per share prior to the expiration of the option; and (iii) 125.000 shares if the closing price per share of the Issuer's common stock is at least $15.00 per share prior to the expiration of the option. The vesting of the option as to each tranche of shares is subject to the Reporting Person's continued employment with the Issuer as President and Chief Executive Officer on November 1, 2021.
The options vest ratably over a three year time period.