0000892251-23-000121.txt : 20230818 0000892251-23-000121.hdr.sgml : 20230818 20230818135252 ACCESSION NUMBER: 0000892251-23-000121 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230816 FILED AS OF DATE: 20230818 DATE AS OF CHANGE: 20230818 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: 231185293 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 form4.xml X0508 4 2023-08-16 0000763532 LSI INDUSTRIES INC LYTS 0001756328 Clark James Anthony 10000 ALLIANCE ROAD CINCINNATI OH 45242 true true CEO and President false Common Shares 2023-08-16 4 A 0 47022 0 D 180634 D Common Shares 2023-08-16 4 A 0 79412 0 D 260046 D Common Shares 164693 D Option to Buy 4.4 2028-11-01 Common Shares 500000 500000 D Option to Buy 6.8 2030-08-19 Common Shares 76271 76271 D Award of restricted stock units (RSUs) pursuant to 2019 Omnibus Award Plan and FY24 Long Term Incentive Plan. The RSUs vest in equal annual installments over three years. Acquired shares pursuant to vesting of performance share units granted in August 2020. 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 2023-08-18