Bradley T. Wiemann - 09 Sep 2024 Form 4/A - Amendment Insider Report for DAKTRONICS INC /SD/ (DAKT)

Role
Exec Vice President
Signature
Bradley T. Wiemann
Issuer symbol
DAKT
Transactions as of
09 Sep 2024
Net transactions value
$0
Form type
4/A - Amendment
Filing time
12 Sep 2024, 17:10:28 UTC
Date Of Original Report
11 Sep 2024
Previous filing
27 Aug 2024
Next filing
17 Jan 2025
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 0 0% $0.000000 43,786 09 Sep 2024 Common Stock 0 Direct F1, F2, F3
transaction DAKT Incentive Stock Options Award $0 +2,270 +57% $0.000000 6,254 09 Sep 2024 Common Stock 2,270 $5.98 Direct F2, F4
* 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 The Form 4 filed September 11, 2024, inadvertently gave the wrong number for the amount of securities underlying the derivative security. This amendment fixes such error.
F3 Restricted Stock Units 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.
F4 Incentive Stock Options 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