SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wiemann Bradley T

(Last) (First) (Middle)
201 DAKTRONICS DRIVE

(Street)
BROOKINGS SD 57006

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DAKTRONICS INC /SD/ [ DAKT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec Vice President
3. Date of Earliest Transaction (Month/Day/Year)
10/16/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 Stock 10/16/2023 M 5,472 A $7.83 138,053.964 D
Common Stock 10/16/2023 S 5,472 D $9.3567 132,581.964 D
Common Stock 10/16/2023 M 5,000 A $7.47 137,581.964 D
Common Stock 10/16/2023 S 5,000 D $9.3567 132,581.964 D
Common Stock 10/16/2023 M 7,500 A $4.11 140,081.964 D
Common Stock 10/16/2023 S 7,500 D $9.3567 132,581.964 D
Common Stock 10/16/2023 M 2,500 A $5.66 135,081.964 D
Common Stock 10/16/2023 S 2,500 D $9.3567 132,581.964 D
Common Stock 10/16/2023 M 1,250 A $3.02 133,831.964 D
Common Stock 10/16/2023 S 1,250 D $9.3567 132,581.964 D
Common Stock 10/16/2023 M 1,000 A $3.02 133,581.964 D
Common Stock 10/16/2023 S 1,000 D $9.3567 132,581.964 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Incentive Stock Option $7.83 10/16/2023 M 5,472 (1) 09/06/2028 Common Stock 5,472 $9.3567 68,711 D
Incentive Stock Options $7.47 10/16/2023 M 5,000 (2) 09/05/2029 Common Stock 5,000 $9.3567 63,711 D
Incentive Stock Options $4.11 10/16/2023 M 7,500 (3) 09/03/2030 Common Stock 7,500 $9.3567 56,211 D
Incentive Stock Options $5.66 10/16/2023 M 2,500 (4) 09/02/2031 Common Stock 2,500 $9.3567 53,711 D
Incentive Stock Options $3.02 10/16/2023 M 1,250 (5) 09/07/2032 Common Stock 1,250 $9.3567 52,461 D
Incentive Stock Options $3.02 10/16/2023 M 1,000 (5) 09/07/2032 Common Stock 1,000 $9.3567 51,461 D
Explanation of Responses:
1. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 8/23/2019, 8/23/2020, 08/23/2021, 08/23/2022, 08/23/2023.
2. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 8/23/2020, 8/23/2021, 08/23/2022, 08/23/2023, 08/23/2024.
3. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 8/23/2021, 8/23/2022, 08/23/2023, 08/23/2024, 08/23/2025.
4. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2022; 08/23/2023; 08/23/2024; 08/23/2025; 08/23/2026
5. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2023, 08/23/2024, 08/23/2025, 08/23/2026, 08/23/2027.
Remarks:
Bradley T. Wiemann 10/18/2023
** Signature of Reporting Person 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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