LSI Industries Inc. Reports Inducements Grant Under Nasdaq Listing Rules CINCINNATI, May 25, 2021 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS) today announced the grant of inducement awards as follows: 146,029 performance stock unit awards and 36,506 restricted stock unit awards. The awards were made to six new employees formerly of JSI Holding Corp., a company LSI announced it acquired on May 24, 2021, and are subject to the terms and conditions of LSIs 2019 Omnibus Award Plan. The awards were granted as an inducement material to the new employees becoming employees of LSI in accordance with Nasdaq Listing Rule 5635(c)(4) and have been approved by LSIs Compensation Committee. The PSUs vest in three years subject to the satisfaction of cumulative EBITDA and revenue performance goals. The RSUs cliff vest after three years.