Sec Form 4 Filing - Kurtenbach Matthew John @ DAKTRONICS INC /SD/ - 2014-12-29

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Kurtenbach Matthew John
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)
VP of Manufacturing
(Last) (First) (Middle)
201 DAKTRONICS DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
12/29/2014
(Street)
BROOKINGS, SD57006
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/29/2014 G 20,734 A $ 0 215,729.7 D
Common Stock 10/20/2017 G 8,898 A $ 0 224,627.7 D
Common Stock 03/06/2018 G 16,037 A $ 0 240,664.7 D
Common Stock 06/29/2022 G 7,853 A $ 0 248,517.7 D
Common Stock 07/12/2024 M 2,500 A $ 8.51 251,017.7 D
Common Stock 07/12/2024 S 2,500 D $ 14.02 248,517.7 D
Common Stock 07/17/2024 M 1,500 A $ 9.63 250,017.7 D
Common Stock 07/17/2024 S 1,500 D $ 14.38 248,517.7 D
Common Stock 04/29/2017 G 7,700 A $ 0 5,000 ( 1 ) ( 2 ) ( 3 ) I By Trust ( 1 )
Common Stock 04/29/2017 G 1,000 A $ 0 21,000 ( 1 ) ( 4 ) I As custodian for UTMA Accounts for minors ( 1 ) ( 4 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option $ 8.51 07/12/2024 M 2,500 ( 5 ) 09/03/2025 Common Stock 2,500 $ 0 0 D
Incentive Stock Option $ 9.63 07/17/2024 M 1,500 ( 6 ) 08/31/2027 Common Stock 1,500 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kurtenbach Matthew John
201 DAKTRONICS DRIVE
BROOKINGS, SD57006
VP of Manufacturing
Signatures
Matthew J. Kurtenbach 01/21/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )For purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), the Reporting Person disclaims beneficial ownership of any securities reported in this filing, except to the extent of his pecuniary interest therein, if any, and this Report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
( 2 )As a trustee of a trust formed for the benefit of a child of the Reporting Person (the "Trust"), the Reporting Person may be deemed to exercise voting and investment power over the shares of common stock of Daktronics, Inc. ("Common Stock") held by the Trust.
( 3 )This Report is being filed to disclose a donation to the Trust of 7,700 shares on April 29, 2017. As reported in a Form 4 filed with the Securities and Exchange Commission on October 7, 2024, those 7,700 shares were sold on October 3, 2024. The figure disclosed in Column 5 reflects the number of shares beneficially owned by the Trust as of date of this Report.
( 4 )Represents securities held in 3 separate custodial accounts under the Uniform Transfers to Minors Act (the "UTMA"). The Reporting Person is the custodian of the UTMA accounts held for the benefit of certain of his children.
( 5 )This Incentive Stock Option to acquire 2,500 shares of Common Stock (the "2015 ISO") was granted on September 5, 2015 and vested 20% each year over five years, such that the 2015 ISO became fully exercisable on August 23, 2020.
( 6 )This Incentive Stock Option to acquire 1,500 shares of Common Stock (the "2017 ISO") was granted on August 31, 2017 and vested 20% each year over five years, such that the 2017 ISO became fully exercisable on August 23, 2022.

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