# EDGAR Filing Document

**Accession Number:** 0000763532
**File Stem:** 0001437749-23-002675
**Filing Date:** 2023-2
**Character Count:** 21196
**Document Hash:** 56f84a1974d1e51e25bc92a81ec3a681
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-002675.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001437749-23-002675

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 5

**REFERENCES 429**: 333-234556

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230208

**EFFECTIVENESS DATE**: 20230207

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LSI INDUSTRIES INC
- **CENTRAL INDEX KEY:** 0000763532
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC LIGHTING & WIRING EQUIPMENT [3640]
- **IRS NUMBER:** 310888951
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-269634
- **FILM NUMBER:** 23598042

**BUSINESS ADDRESS:**
- **STREET 1:** 10000 ALLIANCE RD
- **STREET 2:** P O BOX 42728
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242
- **BUSINESS PHONE:** 5135796411

**MAIL ADDRESS:**
- **STREET 1:** 10000 ALLIANCE RD
- **STREET 2:** P O BOX 42728
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45242

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LSI LIGHTING SYSTEMS INC
- **DATE OF NAME CHANGE:** 19891121

As filed with the Securities and Exchange Commission on February 7, 2023.

Registration No. 333-

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**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM S-8**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

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**LSI INDUSTRIES INC.**

(Exact name of Registrant as Specified in its Charter)

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| | | |
|:---|:---|:---|
| **Ohio**<br> (State Or Other Jurisdiction Of<br> Incorporation Or Organization) | **10000 Alliance Road**<br> **Cincinnati, Ohio 45242**<br> **(513) 793-3200**<br> (Address, including zip code, and telephone number, including<br> area code, of registrant's principal executive offices) | **31-0888951**<br> (IRS Employer<br> Identification Number) |

---

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**LSI Industries Inc. Amended and Restated 2019 Omnibus Award Plan**

(Full Title of the Plan)

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**Thomas A. Caneris**

**Executive Vice President** – **Human Resources and General Counsel**

**LSI Industries Inc.** 

**10000 Alliance Road** 

**Cincinnati, Ohio 45242** 

**(513) 793-3200** 

**Facsimile (513) 793-3601** 

(Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent For Service)

*Copy to***:**

**F. Mark Reuter, Esq.**

**Keating Muething & Klekamp PLL**

**One East Fourth Street, Suite 1400**

**Cincinnati, Ohio 45202**

**Telephone: (513) 579-6469**

**Facsimile: (513) 579-6457**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emergency growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☒ <br> Non-accelerated filer ☐ Smaller reporting company ☒ <br> Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act ☐

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**EXPLANATORY NOTE**

LSI Industries Inc. ("we" or the "Company") previously filed a Registration Statement on Form S-8 (File No. 333-234556) (the "Original Registration Statement") with respect to the LSI Industries Inc. 2019 Omnibus Award Plan (the "Plan"). On November 1, 2022, our shareholders approved an amendment and restatement of the Plan to increase the aggregate number of shares of Common Stock, no par value per share, that may be subject to awards under the Plan by an additional 2,350,000 shares, among other changes. This Registration Statement covers such additional shares of Common Stock. In accordance with General Instruction E of Form S-8, the contents of the Original Registration Statement are incorporated herein by reference.

The Amended and Restated 2019 Omnibus Award Plan identified as Exhibit 4.1 replaces the Exhibit 10.1 previously filed with the Original Registration Statement.

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS**

The documents containing the information specified in Part I of Form S-8 are not required to be filed with the Securities and Exchange Commission (the "Commission") either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to the Note to Part I of Form S-8 and Rule 424 under the Securities Act of 1933, as amended (the "Securities Act"). The information required in the Section 10(a) prospectus is included in documents being maintained and delivered by the Company as required by Part I of Form S-8 and by Rule 428 under the Securities Act.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

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| | |
|:---|:---|
| **Item 3.** | **Incorporation of Documents by Reference** |

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The following documents filed by Registrant with the Commission are incorporated herein by reference and made a part hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Annual Report on [Form 10-K](http://www.sec.gov/ix?doc=/Archives/edgar/data/763532/000143774922022143/lyts20220630_10k.htm) for the fiscal year ended June 30, 2022 filed with the Commission on September 9, 2022;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Quarterly Reports on Form 10-Q for the quarterly periods ended [September 30, 2022](http://www.sec.gov/ix?doc=/Archives/edgar/data/763532/000143774922026026/lyts20220930_10q.htm) filed with the Commission on November 4, 2022 and ended [December 31, 2022](http://www.sec.gov/Archives/edgar/data/763532/000143774923002660/0001437749-23-002660-index.htm) filed with the Commission on February 7, 2023;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Current Report(s) on Form 8-K filed on [August 19, 2022](http://www.sec.gov/ix?doc=/Archives/edgar/data/0000763532/000143774922021026/lyts20220817_8k.htm) , [August 23, 2022](http://www.sec.gov/ix?doc=/Archives/edgar/data/0000763532/000143774922021184/lyts20220819_8k.htm) , and [November 7, 2022](http://www.sec.gov/ix?doc=/Archives/edgar/data/763532/000143774922026184/lyts20221102_8k.htm) ; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The description of the Company's Common Stock contained in the Registration Statement on Form 8-A on or about April 11, 1985 registering the Registrant's Common Stock under Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including any amendment or report filed for the purpose of amending such description as supplemented by [Exhibit 4.1](http://www.sec.gov/Archives/edgar/data/763532/000143774919018000/ex_156930.htm) to the Annual Report on Form 10-K for the fiscal year ended June 30, 2019.

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All reports and other documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment which indicates that all Common Stock offered has been sold or which deregisters all Common Stock then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing such documents, except as to any portion of any future annual or quarterly report to shareholders or document or current report furnished under Items 2.02 or 7.01 (or corresponding information furnished under Item 9.01 or included as an exhibit) of Form 8-K that is not deemed filed under such provisions. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein, or in any subsequently filed document which also is or is deemed to be incorporated by reference herein, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute part of this Registration Statement.

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| | |
|:---|:---|
| **Item 4.** | **Exhibits\*** |

---

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| | |
|:---|:---|
| Exhibit 4.1 | [LSI Industries Inc. Amended and Restated 2019 Omnibus Award Plan (incorporated by reference to Annex B of the Registrant's Proxy Statement for its 2022 Annual Meeting of Shareholders filed with the Commission on September 14, 2022)](http://www.sec.gov/Archives/edgar/data/763532/000143774922022439/lyts20220901_def14a.htm) |
| Exhibit 5.1 | [Opinion of Keating Muething & Klekamp PLL](ex_471030.htm) |
| Exhibit 23.1 | [Consent of Grant Thornton LLP](ex_471031.htm) |
| Exhibit 23.2 | [Consent of Keating Muething & Klekamp PLL (included in Exhibit 5.1)](ex_471030.htm) |
| Exhibit 24.1 | [Power of Attorney (included in the signature page)](#poa) |
| Exhibit 107 | [Filing Fee Table](ex_471032.htm) |
| \* All Exhibits filed herewith unless otherwise indicated | \* All Exhibits filed herewith unless otherwise indicated |

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| | |
|:---|:---|
| **Item 5.** | **Undertakings** |

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(a) The undersigned Registrant hereby undertakes to file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) to include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) to reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement;

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Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;

provided, however, that paragraphs (1) and (2) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement.

(b) The undersigned Registrant hereby undertakes that, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit, or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

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**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Cincinnati, Ohio, on February 7, 2023.

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| |
|:---|
| **LSI INDUSTRIES INC.** |
| By: /s/ James A. Clark |
| James A. Clark |
| Chief Executive Officer<br> and President |

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**KNOW ALL PERSONS BY THESE PRESENTS**, that each person whose signature appears below whose name is preceded by an (\*) hereby constitutes and appoints James A. Clark and James E. Galeese, and each of them acting individually, his or her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement and to sign any and all registration statements relating to the same offering of securities as this Registration Statement that are filed pursuant to Rule 462(b) promulgated under of the Securities Act of 1933, as amended, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission and any other regulatory authority, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

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| | | |
|:---|:---|:---|
| **Signature** | **Capacity** | **Date** |
| /s/ Wilfred T. O'Gara | Chairman of the Board | February 7, 2023 |
| \*Wilfred T. O'Gara |  |  |
| /s/ James E. Galeese | Executive Vice President, | February 7, 2023 |
| \*James E. Galeese | Chief Financial Officer<br> (Principal Financial Officer) |  |
| /s/ Jeffery S. Bastian | Vice President, Chief Accounting Officer | February 7, 2023 |
| \*Jeffery S. Bastian | (Principal Accounting Officer) |  |
| /s/ James A. Clark | Chief Executive Officer and President | February 7, 2023 |
| \*James A. Clark |  |  |
| /s/ Robert P. Beech | Director | February 7, 2023 |
| \*Robert P. Beech |  |  |
| /s/ Ronald D. Brown | Director | February 7, 2023 |
| \*Ronald D. Brown |  |  |
| /s/ Amy L. Hanson | Director | February 7, 2023 |
| \*Amy L. Hanson |  |  |
| /s/ Chantel E. Lenard | Director | February 7, 2023 |
| \*Chantel E. Lenard |  |  |
| /s/ Ernest W. Marshall, Jr. | Director | February 7, 2023 |
| \*Ernest W. Marshall, Jr. |  |  |

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## Exhibit 5.1

**<u>EXHIBIT 5.1</u>**

![ex_471030img001.jpg](ex_471030img001.jpg)<br>

February 7, 2023

LSI Industries Inc.

10000 Alliance Road

Cincinnati, Ohio 45242

Ladies and Gentlemen:

We are familiar with your Amended Articles of Incorporation, Amended and Restated Code of Regulations and corporate proceedings and have served as your counsel in connection with the registration of an additional 2,350,000 shares of common stock, no par value per share (the "Shares"), to be issued pursuant to the LSI Industries Inc. Amended and Restated 2019 Omnibus Award Plan (the "Plan").

Based upon the foregoing, and subject to the assumptions, exceptions and qualifications stated herein, we are of the opinion that the Shares have been duly authorized and, when issued in accordance with the Plan, will be validly issued, fully paid and nonassessable.

The opinion expressed above is limited to the General Corporation Law of the State of Ohio. The opinion is rendered only with respect to the laws, and the rules, regulations and orders under those laws, that are currently in effect.

This opinion is given as of the date hereof. We assume no obligation to update or supplement this opinion to reflect any facts or circumstances which may hereafter come to our attention or any changes in laws which may hereafter occur. This opinion is strictly limited to the matters stated herein and no other or more extensive opinion is intended, implied or to be inferred beyond the matters expressly stated herein.

We hereby consent to be named in the Registration Statement as the attorneys who have passed upon legal matters in connection with the issuance of the common stock and to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder.

Sincerely,<br>/s/ KEATING MUETHING & KLEKAMP PLL<br>

## Exhibit 23.1

**<u>EXHIBIT 23.1</u>**

**<u>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</u>**

We have issued our reports dated September 9, 2022 with respect to the consolidated financial statements and internal control over financial reporting of LSI Industries Inc. included in the Annual Report on Form 10-K for the year ended June 30, 2022, which are incorporated by reference in this Registration Statement. We consent to the incorporation by reference of the aforementioned reports in this Registration Statement.

/s/ GRANT THORNTON LLP

Cincinnati, Ohio

February 7, 2023

## Ex-Filing

**Exhibit 107**

**Calculation of Filing Fee Tables**

**Form S-8**<br> (Form Type)

**LSI INDUSTRIES INC.**<br> (Exact Name of Registrant as Specified in its Charter)

**Table 1: Newly Registered Securities**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Security** <br> **Type** | **Security Class** <br> **Title** | **Fee Calculation** <br> **or Carry** <br> **Forward Rule** | **Amount** <br> **Registered (2)** | **Proposed**<br> **Maximum**<br> **Offering**<br> **Price Per**<br> **Unit** | **Maximum**<br> **Aggregate**<br> **Offering**<br> **Price** | **Fee Rate** | **Amount of** <br> **Registration** <br> **Fee** |
| **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** |
| Fees to Be Paid | Equity issued pursuant to Amended and Restated 2019 Omnibus Award Plan (1) | Common Stock no par value per share | Rule 457(c) and 457(h) | 2350000 | $13.77 (3) | $32359500 | .0001102 | $3567 |
| Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts |  |  |  |  |
| Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets |  |  |  | N/A |
| Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due |  |  |  |  |

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______________

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Pursuant to the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall be deemed to cover shares of common stock ("Common Stock") of LSI Industries Inc. (the "Registrant") to be offered or issued in connection with any stock splits, stock dividends or similar transactions, whether pursuant to the terms of the LSI Industries, Inc Amended and Restated 2019 Omnibus Award (the "Plan") or otherwise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Represents the total number of shares of Common Stock being registered hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Estimated solely for purposes of calculating the amount of the registration fee pursuant to Rule 457(h), based upon the average of the high and low prices of the Common Stock on The NASDAQ Global Select Market as of February 2, 2023.