Foerster Andrew 4
4 · LSI INDUSTRIES INC · Filed Oct 3, 2017
Insider Transaction Report
Form 4
Foerster Andrew
Executive VP and CTO
Transactions
- Award
Common Shares
2017-09-29$6.56/sh+520$3,411→ 12,439 total
Holdings
- 50,000
Option to Buy
Exercise: $7.88Exp: 2025-03-02→ Common Shares (50,000 underlying) - 30,000
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) - 50,000
Option to Buy
Exercise: $9.39Exp: 2025-07-01→ Common Shares (50,000 underlying) - 19,000
Common Shares
- 30,000
Option to Buy
Exercise: $5.92Exp: 2027-08-17→ Common Shares (30,000 underlying)
Footnotes (6)
- [F1]Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
- [F2]The option vests in four equal annual installments beginning on March 2, 2016.
- [F3]These holdings have previously been reported on Form 4.
- [F4]The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- [F5]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.
- [F6]The options vest ratably over a three year time period.