FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Astrop Sylvia M.

2. Date of Event Requiring Statement (MM/DD/YYYY)
8/21/2019 

3. Issuer Name and Ticker or Trading Symbol

LSI INDUSTRIES INC [LYTS]

(Last)        (First)        (Middle)

C/O LSI INDUSTRIES INC., 10000 ALLIANCE ROAD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
SVP Global Sourcing /

(Street)

CINCINNATI, OH 45242      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)

 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Shares 12500 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to Buy  (2)8/19/2020 Common Stock 6000 $5.21 D  
Option to Buy  (2)8/16/2022 Common Stock 10000 $6.58 D  
Option to Buy  (2)8/23/2023 Common Stock 10000 $7.20 D  
Option to Buy  (2)11/20/2024 Common Stock 20000 $6.81 D  
Option to Buy  (1)7/1/2025 Common Stock 40000 $9.39 D  
Option to Buy  (2)7/1/2025 Common Stock 20000 $9.39 D  
Option to Buy  (2)7/1/2026 Common Stock 20000 $11.06 D  
Option to Buy  (1)8/17/2027 Common Stock 18000 $5.92 D  
Option to Buy  (1)8/16/2028 Common Stock 34000 $4.94 D  

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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Astrop Sylvia M.
C/O LSI INDUSTRIES INC.
10000 ALLIANCE ROAD
CINCINNATI, OH 45242


SVP Global Sourcing

Signatures
/s/ F. Mark Reuter as Attorney-in-Fact for Sylvia M. Astrop9/5/2019
**Signature of Reporting PersonDate

LSI Industries (NASDAQ:LYTS)
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