Clark James Anthony 4
4 · LSI INDUSTRIES INC · Filed Aug 29, 2025
Insider Transaction Report
Form 4
Clark James Anthony
CEO and President
Transactions
- Sale
Common Shares
2025-08-27$23.08/sh−26,597$613,859→ 421,313 total
Holdings
- 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) - 202,668
Common Shares
Footnotes (5)
- [F1]Disposition of shares for payment of taxes upon vesting of restricted stock units and performance share units.
- [F2]Common shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
- [F3]These holdings have been previously reported on Form 4.
- [F4]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.
- [F5]The options vest ratably over a three year time period.