Foerster Andrew 4

4 · LSI INDUSTRIES INC · Filed Aug 21, 2017

Form 4

Period: 2017-08-17

Executive VP and CTO

Transactions

Purchase
Common Shares
2017-08-18$6.05/sh+2,000$12,100→ 19,000 total
Award
Option to Buy
2017-08-17+30,000→ 30,000 total
Exercise: $5.92Exp: 2027-08-17→ Common Shares (30,000 underlying)
Award
Common Shares
2017-08-17$5.92/sh+6,500$38,480→ 17,000 total

Holdings

Option to Buy
Exercise: $7.88Exp: 2025-03-02→ Common Shares (50,000 underlying)
50,000
Option to Buy
Exercise: $9.39Exp: 2025-07-01→ Common Shares (30,000 underlying)
30,000
Option to Buy
Exercise: $11.06Exp: 2026-07-01→ Common Shares (30,000 underlying)
30,000
Common Shares
9,086
Option to Buy
Exercise: $9.39Exp: 2025-07-01→ Common Shares (50,000 underlying)
50,000

Footnotes (7)

[F1]Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
[F2]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.
[F3]The option vests in four equal annual installments beginning on March 2, 2016.
[F4]These holdings have previously been reported on Form 4.
[F5]The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
[F6]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.
[F7]The options vest ratably over a three year time period.

Documents

1 file