SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
GATZKE CARLA S

(Last) (First) (Middle)
201 DAKTRONICS DRIVE

(Street)
BROOKING SD 57006

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/04/2014
3. Issuer Name and Ticker or Trading Symbol
DAKTRONICS INC /SD/ [ DAKT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Secretary and VP of Human Reso
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 429,040 D
Common Stock 15,380 I Child A
Common Stock 15,005 I Child B
Common Stock 118,091.1983 I by 401k
Common Stock 90,000 I by Spouse
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Options (1) 12/03/2018 Common Stock 5,701 8.29 D
Incentive Stock Options (2) 12/02/2019 Common Stock 5,981 8.65 D
Incentive Stock Options (3) 11/30/2021 Common Stock 9,638 9.24 D
Incentive Stock Options (4) 08/22/2022 Common Stock 10,500 9.51 D
Incentive Stock Options (3) 08/22/2023 Common Stock 6,870 11.05 D
Incentive Stock Options (5) 11/22/2014 Common Stock 8,000 12.835 D
Incentive Stock Options (6) 09/04/2024 Common Stock 6,870 13.31 D
Incentive Stock Options (7) 11/16/2015 Common Stock 10,000 13.595 D
Incentive Stock Options (8) 12/01/2020 Common Stock 5,164 14.37 D
Incentive Stock Options (9) 11/14/2017 Common Stock 4,880 20.07 D
Incentive Stock Options (10) 11/15/2016 Common Stock 5,890 34.065 D
Non-Qualified Stock Option (1) 12/03/2018 Common Stock 3,799 8.29 D
Non-Qualified Stock Option (2) 12/02/2019 Common Stock 3,519 8.65 D
Non-Qualified Stock Option (3) 11/30/2021 Common Stock 362 9.24 D
Non-Qualified Stock Option (8) 12/01/2020 Common Stock 1,291 14.37 D
Non-Qualified Stock Option (9) 11/14/2017 Common Stock 3,620 20.07 D
Non-Qualified Stock Option (10) 11/15/2016 Common Stock 1,110 34.065 D
Restricted Stock Units (11) (11) Common Stock 12,920 (12) D
Explanation of Responses:
1. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/04/2009; 12/04/2010; 12/04/2011; 12/04/2012; 12/04/2013
2. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/03/2010; 12/03/2011; 12/03/2012; 12/03/2013; 12/03/2014
3. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/01/2012; 12/01/2013; 12/01/2014; 12/01/2015; 12/01/2016
4. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 8/23/2013; 8/23/2014; 8/23/2015; 8/23/2016; 8/23/2017
5. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/23/2005; 11/23/2006; 11/23/2007; 11/23/2008; 11/23/2009
6. Incentive Stock Options: 20% vested each year for a total of 5 years - vesting schedule: 8/23/2015; 8/23/2016; 8/23/2017; 8/23/2018; 8/23/2019
7. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/17/2006; 11/17/2007; 11/17/2008; 11/17/2009; 11/17/2010
8. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/02/2011; 12/02/2012; 12/02/2013; 12/02/2014; 12/02/2015
9. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/15/2008; 11/15/2009; 11/15/2010; 11/15/2011; 11/15/2012
10. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/16/2007; 11/16/2008; 11/16/2009; 11/16/2010; 11/16/2011
11. Restricted Stock Units granted on 9/4/14 vest 20% each year for five years beginning on 8/23/2015. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
12. Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
Carla S. Gatzke 09/12/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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