Clark James Anthony 4
4 · LSI INDUSTRIES INC · Filed Aug 22, 2025
Insider Transaction Report
Form 4
Clark James Anthony
CEO and President
Transactions
- Award
Common Shares
2025-08-20−31,088→ 351,561 total - Award
Common Shares
2025-08-20−143,478→ 495,039 total
Holdings
- 202,668
Common Shares
- 500,000
Option to Buy
Exercise: $4.40Exp: 2028-11-01→ Common Shares (500,000 underlying) - 76,271
Option to Buy
Exercise: $6.80Exp: 2030-08-19→ Common Shares (76,271 underlying)
Footnotes (6)
- [F1]Award of restricted stock units (RSUs) pursuant to 2019 Omnibus Award Plan and FY26 Long Term Incentive Plan. The RSUs vest in equal annual installments over three years.
- [F2]Acquired shares pursuant to vesting of performance share units granted in August 2022.
- [F3]Common shares held in the LSI Industries Inc. Non-Qualified Deferral Compensation Plan.
- [F4]These holdings have been previously reported on Form 4.
- [F5]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.
- [F6]The options vest ratably over a three year time period.