Daktronics Form 4/A / Matthew John Kurtenbach ownership change

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).

1. Name and Address of Reporting Person^*

Kurtenbach Matthew John

(Last)

(First)

(Middle)

201 DAKTRONICS DRIVE

(Street)

BROOKINGS

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)
VP of Manufacturing

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)
12/13/2024

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/11/2024		M		1,250	A	$7.47	211,859	D
Common Stock	12/11/2024		M		2,500	A	$4.11	214,359	D
Common Stock	12/11/2024		M		1,250	A	$5.66	215,609	D
Common Stock	12/11/2024		M		2,250	A	$3.02	217,859	D
Common Stock	12/11/2024		M		457	A	$9.85	218,316	D
Common Stock	12/11/2024		S		7,707	D	$18.6741⁽¹⁾	210,609	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Incentive Stock Option	$7.47	12/11/2024		M			1,250	⁽²⁾	09/05/2024	Common Stock	1,250	$7.47	0	D
Incentive Stock Option	$4.11	12/11/2024		M			2,500	⁽³⁾	09/03/2030	Common Stock	2,500	$4.11	2,500	D
Incentive Stock Options	$5.66	12/11/2024		M			1,250	⁽⁴⁾	09/01/2031	Common Stock	1,250	$5.66	2,500	D
Incentive Stock Options	$3.02	12/11/2024		M			2,250	⁽⁵⁾	09/07/2032	Common Stock	2,250	$3.02	6,750	D
Incentive Stock Options	$9.85	12/11/2024		M			457	⁽⁶⁾	09/10/2033	Common Stock	457	$9.85	1,829	D

Explanation of Responses:

1. This amendment is being filed solely to correct the selling price of the shares disposed of as reported in a Form 4 filed with the Securities and Exchange Commission on December 13, 2024 (the "Original Form 4"). The Original Form 4 inadvertently misstated the selling price for the shares disposed of in Table 1, Column 4 of this Form 4/A reflects the corrected selling price for the shares disposed.

2. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 09/05/2020; 09/05/2021; 09/05/2022; 09/05/2023; 09/05/2024.

3. Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2021, 08/23/2022, 08/23/2023, 08/23/2024, 08/23/2025.

4. Incentive Stock Options 20% vested each year for at 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.

6. Incentive Stock Options vest 20% each for a total of five years - vesting schedule 08/23/2024, 08/23/2025, 08/23/2026, 08/23/2027, 08/23/2028.

Remarks:

	Matthew J. Kurtenbach	12/16/2024
	** 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.

Daktronics (DAKT) Form 4/ADAKTRONICS / Matthew John Kurtenbach ownership change