secwatch.observer — SEC 8-K summary
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Issuer:     LSI INDUSTRIES INC (LYTS)
CIK:        0000763532
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001437749-24-012087
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LSI Industries grants 10,000 stock options to new SVP Michael Romano as inducement
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763532/000143774924012087/0001437749-24-012087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763532/000143774924012087/lyts20240414_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-012087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer