Transaction Details

Footnotes

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 Amendment shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise. | 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. | 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 his children. | The Restricted Stock Units vest in three substantially equal installments on the first, second, and third anniversaries of March 5, 2025. In addition, the Restricted Stock Units shall become 100% vested upon a Change in Control Termination (as defined in the Daktronics, Inc. 2020 Stock Incentive Plan). Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.