Sec Form 4 Filing - Astrop Sylvia M. @ LSI INDUSTRIES INC - 2019-08-21

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Astrop Sylvia M. 2. Issuer Name and Ticker or Trading Symbol LSI INDUSTRIES INC [ LYTS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP Global Sourcing (Last) (First) (Middle) C/O LSI INDUSTRIES INC., 10000 ALLIANCE ROAD 3. Date of Earliest Transaction (MM/DD/YY) 08/21/2019 (Street) CINCINNATI, OH45242 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Shares 08/21/2019 A 7,382 A $ 3.83 19,882 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Option to Buy $ 3.83 08/21/2019 A 30,079 ( 1 ) 08/21/2029 Common Stock 30,079 $ 0 30, 079 D Option to Buy $ 5.21 ( 2 ) 08/19/2020 Common Stock 6,000 6,000 D Option to Buy $ 6.58 ( 2 ) 08/16/2022 Common Stock 10,000 10,000 D Option to Buy $ 7.2 ( 2 ) 08/23/2023 Common Stock 10,000 10,000 D Option to Buy $ 6.81 ( 2 ) 11/20/2024 Common Stock 20,000 20,000 D Option to Buy $ 9.39 ( 1 ) 07/01/2025 Common Stock 40,000 40,000 D Option to Buy $ 9.39 ( 2 ) 07/01/2025 Common Stock 20,000 20,000 D Option to Buy $ 11.06 ( 2 ) 07/01/2026 Common Stock 20,000 20,000 D Option to Buy $ 5.92 ( 1 ) 08/17/2027 Common Stock 18,000 18,000 D Option to Buy $ 4.94 ( 1 ) 08/16/2028 Common Stock 34,000 34,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Astrop Sylvia M. C/O LSI INDUSTRIES INC. 10000 ALLIANCE ROAD CINCINNATI, OH45242 SVP Global Sourcing Signatures /s/ F. Mark Reuter as Attorney-in-Fact for Sylvia M. Astrop 09/05/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The options vest ratably over a three year time period. ( 2 )The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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