LSI Industries adopts FY2023 LTIP and STIP with specific RSU/PSU grants to NEOs

LSI INDUSTRIES INC

CEO James Clark receives 63,768 RSUs and 95,652 PSUs; LTIP target 157% of salary.
CFO James Galeese receives 20,290 RSUs and 30,435 PSUs; LTIP target 91% of salary.
PSUs vest based on cumulative Adjusted EBITDA and RONA targets over 3-year cycle through June 2025.
STIP awards cash bonuses up to 150% of target based on FY2023 Adjusted EBITDA (80%) and Net Sales (20%).
Executive STIP bonus targets: CEO 80%, CFO 50%, other NEOs 40-50% of base salary.

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