| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | DAKT | Common Stock | 229,289 | 01 Sep 2013 | Direct | F1 | |||||
| holding | DAKT | Common Stock | 5,000 | 01 Sep 2013 | By Trust | F1, F2, F3 | |||||
| holding | DAKT | Common Stock | 19,700 | 01 Sep 2013 | As custodian for UTMA Accounts for minors | F1, F2, F4 |
| Id | Content |
|---|---|
| F1 | This amendment (this "Amendment") is being filed to correct the Form 3 filed with the Securities and Exchange Commission on September 9, 2013 (the "Original Form 3"), which inadvertently: (i) overstated the Reporting Person's direct holdings of Daktronics, Inc. common stock ("Common Stock") by 15,613.3 shares; (ii) omitted certain shares of Common Stock indirectly owned by the Reporting Person's children; (iii) overstated certain shares of Common Stock indirectly owned by the Reporting Person's children; and (iv) described the indirectly owned shares of Common Stock as held in the name of the Reporting Person's children when, in fact, such shares were held by the entities set forth in Table I to this Amendment. The shares of Common Stock directly owned by the Reporting Person, as reported in this Amendment, reflects the correct amount and forms of ownership of all shares of Common Stock beneficially owned by the Reporting Person as of the filing date of the Original Form 3. |
| F2 | For purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), the Reporting Person disclaims beneficial ownership of any securities reported in this Amendment and the Original Form 3, except to the extent of his pecuniary interest therein, if any, and this Amendment shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise. |
| F3 | The Original Form 3 inadvertently reported these shares of Common Stock as indirectly owned by a child of the Reporting Person identified in the Original Form 3 as "Child A". In fact, these shares of Common Stock were indirectly owned through a trust for the benefit of Child A (the "Trust"). As a Trustee of the Trust, the Reporting Person may be deemed to exercise voting and investment power over the shares of Common Stock held by the Trust. |
| F4 | Represents securities held in 2 separate custodial accounts under the Uniform Transfers to Minors Act (the "UTMA"). The Reporting Person is the custodian of the UTMA accounts held for the benefit of his children. |