ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(e) On September 2, 2021, the Compensation Committee of the Board of Directors of

Daktronics, Inc. (the "Company") recommended and the Board of Directors
    authorized grants of incentive stock options to purchase shares of the
    Company's common stock and grants of restricted stock units under the
    Company's 2020 Stock Incentive Plan (the "Plan") to five of the Named
    Executive Officers as indicated below.

Each of these new incentive stock options vests annually as to 20 percent of the shares subject to the option over five years beginning on the first anniversary of the date of grant, has a ten-year term, is subject to the terms and conditions of the Plan, and has an exercise price equal to the fair market value of the Company's common stock on the grant date, which was $5.66. Each of the new restricted stock units vest annually as to 20 percent of the shares subject to the restricted stock unit over five years beginning on the first anniversary of the date of grant and is subject to the terms and conditions of the Plan. Copies of the Plan and the forms of agreements under which these options and restricted stock units were granted are on file with the Securities and Exchange Commission as exhibits to the Company's reports.

The following table describes the grants of the options and restricted stock units to the five Named Executive Officers effective on September 2, 2021:




                                            Incentive Stock         Restricted Stock
                                            Options                 Units
Name                Title                   Shares Underlying       Shares Underlying
                                            Options                 Units
Reece A.            President and Chief     13,500                  5,400
Kurtenbach          Executive Officer
Sheila M.           Chief Financial         6,250                   2,500
Anderson            Officer
Bradley T.          Executive Vice          6,250                   2,500
Wiemann             President
Matthew J.          Vice President          6,250                   2,500
Kurtenbach
Carla S. Gatzke     Vice President          6,250                   2,500

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