Sheila M. Anderson - 02 Sep 2021 Form 4 Insider Report for DAKTRONICS INC /SD/ (DAKT)

Role
CFO & Treasurer
Signature
/s/ Sheila M. Anderson
Issuer symbol
DAKT
Transactions as of
02 Sep 2021
Net transactions value
$0
Form type
4
Filing time
08 Sep 2021, 16:56:49 UTC
Previous filing
25 Aug 2021
Next filing
08 Dec 2021
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 Incentive Stock Option Award $0 +6,250 +8.2% $0.000000 82,120 02 Sep 2021 Common Stock 6,250 $5.66 Direct F1
transaction DAKT Restricted Stock Units Award $0 +2,500 +49% $0.000000 7,600 02 Sep 2021 Common Stock 2,500 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2022, 08/23/23, 08/23/2024, 08/23/2025, 08/23/2026.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
F3 Restricted Stock Units granted on 09/02/2021 vest 20% each year for five years beginning on 08/23/2022. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.