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
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US:NASDAQ Investor Relations:
lsiindustries.gcs-web.com/investor-overview
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Source: Yahoo! Finance
and display solutions, today announced the grant of inducement awards as follows: 30,000 performance stock unit awards; 10,000 restricted stock unit awards; and 190,000 stock options. The awards were made to five new employees formerly of EMI Industries, LLC, a company LSI announced it acquired on April 18, 2024, and are subject to the terms and conditions of LSI's 2019 Omnibus Award Plan. The awards were granted as an inducement material to the new employees becoming employees of LSI in accordance with NASDAQ Listing Rule 5635(c)(4) and have been approved by the Company's Compensation Committee. The RSUs cliff vest on the second anniversary of the grant date subject to the recipient's continued employment. The PSUs vest in two years subject to satisfaction of EBITDA and revenue performance goals and subject to the recipient's continued employment. The options are exercisable at a price of $14.60 per share (the closing price on May 1, 2024). 90,000 of the options granted cliff vest
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News
- LSI Industries Inc. Reports Inducement Grants Under NASDAQ Listing RulesBusiness Wire
- LSI Industries Inc. Reports Inducement Grants Under NASDAQ Listing RulesBusiness Wire
- LSI Industries Inc. (NASDAQ: LYTS) had its price target raised by analysts at Canaccord Genuity Group Inc. from $17.00 to $18.00. They now have a "buy" rating on the stock.MarketBeat
- LSI Industries Reports Fiscal 2024 Third Quarter Results and Declares Quarterly Cash Dividend [Yahoo! Finance]Yahoo! Finance
- LSI Industries Reports Fiscal 2024 Third Quarter Results and Declares Quarterly Cash DividendBusiness Wire
LYTS
Earnings
- 4/25/24 - Beat
LYTS
Sec Filings
- 5/6/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/30/24 - Form 8-K
- LYTS's page on the SEC website