---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-014213"
form_type: "8-K"
ticker: "LYTS"
cik: "0000763532"
company_name: "LSI INDUSTRIES INC"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:11:22.841253+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# LSI grants inducement equity awards to 5 ex-EMI employees as part of acquisition

## Summary
- Awards include 190,000 stock options at $14.60/share, 30,000 PSUs, and 10,000 RSUs.
- Grants made to five new employees from EMI Industries, acquired April 18, 2024.
- PSUs and 100,000 options vest in two years based on EBITDA and revenue goals.
- RSUs cliff-vest on second anniversary; 90,000 options vest on third anniversary.

## SEC filing metadata
- accession: 0001437749-24-014213
- form_type: 8-K
- ticker: LYTS
- cik: 0000763532
- company_name: LSI INDUSTRIES INC
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763532/000143774924014213/0001437749-24-014213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763532/000143774924014213/lyts20240430_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-014213
- JSON: https://secwatch.observer/filing/0001437749-24-014213.json
- Plain text: https://secwatch.observer/filing/0001437749-24-014213.txt

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