Japlon Howard E. 4
4 · LSI INDUSTRIES INC · Filed Dec 15, 2017
Insider Transaction Report
Form 4
Japlon Howard E.
Exec.VP, HR & GC, Secretary
Transactions
- Purchase
Common Shares
2017-12-14$6.88/sh+5,000$34,400→ 23,500 total
Holdings
- 60,000
Option to Buy
Exercise: $9.48Exp: 2027-03-21→ Common Shares (60,000 underlying) - 38,000
Option to Buy
Exercise: $5.92Exp: 2027-08-17→ Common Shares (38,000 underlying)
Footnotes (4)
- [F1]The reported price is a weighted average price. The shares were purchased in multiple transactions ranging from $6.86 to $6.90. 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.
- [F2]These holdings have been previously reported on Form 4.
- [F3]The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
- [F4]The options vest ratably over a three year time period.