Form 4 for LYTS LSI INDUSTRIES INC
Accepted 2025-09-11 00:00:00 ET · period of report 2025-09-09 · accession 0000892251-25-000125 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-09-11 | 2025-09-09+ | LYTS | Clark James Anthony | CEO, Pres, Dir | S - Sale+OE | $22.79 | 0 | 421.3K | New | $0 |
| DM | 2025-09-11 | 2025-09-09+ | LYTS | Clark James Anthony | CEO, Pres, Dir | M - OptEx | $4.40 | +500.0K | 641.4K | +354% | +$2.20M |
| D | 2025-09-11 | 2025-09-09 | LYTS | Clark James Anthony | CEO, Pres, Dir | M - OptEx | $0.00 | -500.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2025-09-10 | S | A | 220,109 | $22.75 | 421,313 | D | — | — | (F3) The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $22.55 to $23.00. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request. |
| 2 | Common | Common Shares | 2025-09-11 | M | A | 29,891 | $4.40 | 451,204 | D | — | — | |
| 3 | Common | Common Shares | 2025-09-11 | S | A | 29,891 | $22.66 | 421,313 | D | — | — | (F4) The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $22.55 to $22.82. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request. |
| 4 | Common | Common Shares | 2025-09-09 | M | A | 210,933 | $4.40 | 632,246 | D | — | — | |
| 5 | Common | Common Shares | 2025-09-09 | S | D | 210,933 | $22.86 | 421,313 | D | — | — | (F1) The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $22.75 to $23.13. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request. |
| 6 | Common | Common Shares | 2025-09-10 | M | A | 39,067 | $4.40 | 460,380 | D | — | — | |
| 7 | Common | Common Shares | 2025-09-10 | S | D | 39,067 | $22.75 | 421,313 | D | — | — | (F2) The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $22.55 to $23.00. The Reporting Person undertakes to provide full pricing information to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request. |
| 8 | Common | Common Shares | 2025-09-10 | M | A | 220,109 | $4.40 | 641,422 | D | — | — | |
| 9 | Derivative | Option to Buy | 2025-09-09 | M | D | 500,000 | $0.00 | 0 | D | $4.40 · — to 2028-11-01 | 500,000 Common Shares | (F6) These holdings have been previously reported on Form 4. (F7) 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. |