LSI Industries Inc. Reports Inducement Grant Under Nasdaq Listing Rules

Nov 01, 2018

CINCINNATI, Nov. 01, 2018 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS) today announced the grant of an inducement award to its newly appointed President and Chief Executive Officer, James (Jim) A. Clark. The award was approved by the Board of Director’s Compensation Committee on October 15, 2018 as an inducement material to Mr. Clark’s entering into employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4). The award was approved in connection with the commencement of his employment with the Company on November 1, 2018.

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