---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021184"
form_type: "8-K"
ticker: "LYTS"
cik: "0000763532"
company_name: "LSI INDUSTRIES INC"
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T22:06:25.053673+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-22-021184
- form_type: 8-K
- ticker: LYTS
- cik: 0000763532
- company_name: LSI INDUSTRIES INC
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763532/000143774922021184/0001437749-22-021184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763532/000143774922021184/lyts20220819_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021184
- JSON: https://secwatch.observer/filing/0001437749-22-021184.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021184.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.