0001567619-21-016233.txt : 20210823
0001567619-21-016233.hdr.sgml : 20210823
20210823165916
ACCESSION NUMBER: 0001567619-21-016233
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210819
FILED AS OF DATE: 20210823
DATE AS OF CHANGE: 20210823
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Clark James Anthony
CENTRAL INDEX KEY: 0001756328
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-13375
FILM NUMBER: 211197576
MAIL ADDRESS:
STREET 1: 10000 ALLIANCE ROAD
CITY: CINCINNATI
STATE: OH
ZIP: 45242
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LSI INDUSTRIES INC
CENTRAL INDEX KEY: 0000763532
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
IRS NUMBER: 310888951
STATE OF INCORPORATION: OH
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 10000 ALLIANCE RD
STREET 2: P O BOX 42728
CITY: CINCINNATI
STATE: OH
ZIP: 45242
BUSINESS PHONE: 5135796411
MAIL ADDRESS:
STREET 1: 10000 ALLIANCE RD
STREET 2: P O BOX 42728
CITY: CINCINNATI
STATE: OH
ZIP: 45242
FORMER COMPANY:
FORMER CONFORMED NAME: LSI LIGHTING SYSTEMS INC
DATE OF NAME CHANGE: 19891121
4
1
doc1.xml
FORM 4
X0306
4
2021-08-19
0
0000763532
LSI INDUSTRIES INC
LYTS
0001756328
Clark James Anthony
10000 ALLIANCE ROAD
CINCINNATI
OH
45242
1
1
0
0
CEO and President
Common Shares
2021-08-19
4
F
0
3851
7.83
D
25340
D
Common Shares
41978
D
Option to Buy
4.4
2028-11-01
Common Shares
500000
500000
D
Option to Buy
6.80
2030-08-19
Common Shares
76271
76271
D
Common shares held in the LSI Industries Inc. Non-Qualified Deferral Compensation Plan.
These holdings have been previously reported on Form 4.
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.
The options vest ratably over a three year time period.
/s/ F. Mark Reuter as Attorney-in-Fact for James A. Clark
2021-08-23