other material
confidence high
sentiment neutral
materiality 0.30
LSI Industries grants 10,000 stock options to new SVP Michael Romano as inducement
LSI INDUSTRIES INC
- Grant of 10,000 stock options to Michael Romano, SVP of Procurement and Logistics.
- Exercise price of $14.17 per share, equal to April 15, 2024 closing price.
- Options vest fully on third anniversary of grant, have ten-year term.
- Grant approved by Compensation Committee under NASDAQ Listing Rule 5635(c)(4).