SEC Form 4
Washington, D.C. 20549


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Bastian Jeffery S.

(Last) (First) (Middle)


(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares(1) 13,192 D
Common Shares 08/19/2020 A 7,272 A $0 23,070 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Buy(2) $4.94 (3) 08/16/2028 Common Shares 20,000 20,000 D
Option to Buy(2) $3.83 (3) 08/21/2029 Common Shares 27,618 27,618 D
Option to Buy(2) $9.15 (4) 06/12/2027 Common Shares 5,000 5,000 D
Option to Buy(2) $6.58 (4) 08/16/2022 Common Shares 11,250 11,250 D
Option to Buy(2) $7.2 (4) 08/23/2023 Common Shares 17,000 17,000 D
Option to Buy(2) $6.81 (4) 11/20/2024 Common Shares 20,000 20,000 D
Option to Buy(2) $9.39 (4) 07/01/2025 Common Shares 15,000 15,000 D
Option to Buy(2) $11.06 (4) 07/01/2026 Common Shares 10,000 10,000 D
Option to Buy(2) $5.92 (3) 08/17/2027 Common Shares 18,000 18,000 D
Option to Buy $6.8 08/19/2020 A 13,096 (3) 08/19/2030 Common Shares 13,096 $0 13,096 D
Explanation of Responses:
1. Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
2. These holdings have been previously reported on Form 4.
3. The options vest ratably over a three year time period.
4. The option vests at a rate of 25% per year beginning on the one year anniversary of the date of grant.
/s/ F. Mark Reuter as Attorney-in-Fact on behalf of Jeffery S. Bastian 08/20/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.