Jalbout Fred 4
4 · LSI INDUSTRIES INC · Filed Feb 10, 2010
Insider Transaction Report
Form 4
Jalbout Fred
Pres., LSI Saco Technologies
Transactions
- Sale
Common Shares
2010-02-10$5.50/sh−50,000$275,000→ 277,677 total(indirect: By corporation)
Holdings
- 20,000
Option to Buy
Exercise: $14.36Exp: 2016-06-02→ Common Stock (20,000 underlying) - 25,000
Option to Buy
Exercise: $19.76Exp: 2017-08-24→ Common Stock (25,000 underlying) - 25,000
Option to Buy
Exercise: $8.98Exp: 2018-08-22→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The corporation, Saco, of which the reporting person beneficially owns 50%, acquired these shares pursuant to the SPA. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- [F2]Non-qualified stock options granted pursuant to the Company's 2003 Equity Compensation Plan. The options are exercisable at a rate of 25% per year of the aggregate grant, beginning on the 1st anniversary of the grant date.
- [F3]The options vest in equal annual amounts of 25% per year beginning on August 22, 2009.