Bradley T. Wiemann - 11 Sep 2023 Form 4 Insider Report for DAKTRONICS INC /SD/ (DAKT)

Role
Exec Vice President
Signature
Bradley T. Wiemann
Issuer symbol
DAKT
Transactions as of
11 Sep 2023
Net transactions value
$0
Form type
4
Filing time
13 Sep 2023, 18:15:40 UTC
Previous filing
25 Aug 2023
Next filing
16 Oct 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DAKT Restricted Stock Units Award $0 +1,230 +25% $0.000000 6,230 11 Sep 2023 Common Stock 1,230 Direct F1, F2
transaction DAKT Incentive Stock Options Award $0 +2,461 +3.4% $0.000000 74,961 11 Sep 2023 Common Stock 2,461 $9.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
F2 Restricted Stock Units granted on 09/11/2023 vest 20% each year for five years beginning 08/23/2024. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
F3 Incentive Stock Options vest 20% each for a total of five years - vesting schedule 08/23/2024, 08/23/2025, 08/23/2026, 08/23/2027, 08/23/2028.