FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *

Galeese James E		 2. Issuer Name and Ticker or Trading Symbol

LSI INDUSTRIES INC [ LYTS ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive VP; CFO
(Last)          (First)          (Middle)

C/O LSI INDUSTRIES INC., 10000 ALLIANCE RD		 3. Date of Earliest Transaction (MM/DD/YYYY)

9/15/2022
(Street)

CINCINNATI, OH 45242
(City)        (State)        (Zip)
4. 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 Shares (1)        43395 D  
Common Shares 9/15/2022  M  5512 A$4.94 112877 D  
Common Shares 9/15/2022  F  647 D$8.30 112230 D  
Common Shares 9/15/2022  S  4865 D$8.30 107365 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to Buy (2)$9.1500            (3)6/12/2027 Common Shares 60000  60000 D  
Option to Buy (2)$5.9200            (4)8/17/2027 Common Shares 38000  38000 D  
Option to Buy (2)$4.94 9/15/2022  M     5512   (4)(5)8/16/2028 Common Shares 43898 $0 38386 D  
Option to Buy (2)$3.8300            (4)8/21/2029 Common Shares 75606  75606 D  
Option to Buy (2)$6.8000            (4)8/19/2030 Common Shares 22586  22586 D  
Explanation of Responses:
(1) Common Shares held in the LSI Industries Inc. Non-Qualified Deferred Compensation Plan.
(2) These holdings have previously been reported on Form 4.
(3) The options vest at a rate of 25% per year beginning on the first anniversary of the grant date.
(4) The options vest ratably over a three year time period.
(5) The reporting person sold 17,446 shares on September 13, 2022 and an additional 2,456 shares were withheld to pay taxes. This information corrects the information in Table I of the reporting persons September 13, 2022 Form 4.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Galeese James E
C/O LSI INDUSTRIES INC.
10000 ALLIANCE RD
CINCINNATI, OH 45242

Executive VP; CFO
Signatures
/s/ F. Mark Reuter as Attorney-in-Fact for James E. Galeese9/19/2022
**Signature of Reporting PersonDate
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 control number.
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