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Stock impact report

LSI Industries Inc. Reports Inducement Grants Under NASDAQ Listing Rules [Yahoo! Finance]

LSI Industries Inc. (LYTS) 
Last lsi industries inc. earnings: 4/23 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: lsiindustries.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
and display solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Kevin Kilkelly, President, Atlas Lighting Products, Inc., effective March 1, 2024. The awards were granted by the Company's Compensation Committee. Mr. Kilkelly was granted an inducement stock option to purchase up to 30,000 shares of the Company's common stock. The award was approved in connection with the commencement of his employment with the Company on February 28, 2024 and has a ten-year term. The option is exercisable at a price of $14.41 per share (the closing price on March 1, 2024). The options will vest in full on the third anniversary date of grant. About LSI Industries Inc. Headquartered in Cincinnati, LSI Industries (Nasdaq: LYTS) specializes in the creation of advanced lighting, graphics, and display solutions. The company's American-made products, which include lighting, print graphics, digital graphics, refrigerated, and custom displays, are engineered Show less Read more
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