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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (1) | 09/09/2024 | A | 2,270 (2) | (3) | (3) | Common Stock | 2,270 (2) | $ 0 | 6,254 (2) | D | ||||
| Incentive Stock Options | $ 11.87 (2) | 09/09/2024 | A | 0 (2) | (4) | 09/08/2034 | Common Stock | 0 (2) | $ 0 | 43,786 (2) | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Wiemann Bradley T 201 DAKTRONICS DRIVE BROOKINGS, SD 57006 |
Exec Vice President | |||
| Bradley T. Wiemann | 09/19/2024 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Daktronics, Inc. common stock. |
| (2) | This amendment on Form 4/A is being filed to correct certain disclosures in connection with the grant of incentive stock options ("ISOs") to the Reporting Person on September 9, 2024, as originally reported in the Form 4 filed with the Securities and Exchange Commission ("SEC") on September 11, 2024, and as amended by the Form 4/A filed with the SEC on September 12, 2024 (the "Original Form 4/A"). In the Original Form 4/A, the exercise price of the ISOs granted, the number of RSUs granted, the number of ISOs granted, and the aggregate number of ISOs and RSUs beneficially owned by the Reporting Person following the reported transaction were inadvertently misstated. The corrected amounts for the misstated items are now reflected in Columns 2, 5, 7, and 9 of Table II of this Form 4/A. |
| (3) | RSUs granted on 09/09/2024 vest 20% each year for five years beginning on 08/23/2025. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting. |
| (4) | ISOs vest 20% each for a total of five years - vesting schedule 08/23/2025, 08/23/2026, 08/23/2027, 08/23/2028, 08/23/2029 |