SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person* Hansen Seth T (Last) (First) (Middle) 331 32ND AVENUE PO BOX 5128 (Street) BROOKINGS SD 57006 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/23/2004	3. Issuer Name and Ticker or Trading Symbol DAKTRONICS INC /SD/ [ DAKT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) Vice President, Sports Systems	5. If Amendment, Date of Original Filed (Month/Day/Year)
			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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Daktronics, Inc. Zero Par Value Common Stock	8,875.25(1)	D
Daktronics, Inc. Zero Par Value Common Stock	12,257.08	I	By Daktronics, Inc. 401(K) Plan
Daktronics, Inc. Zero Par Value Common Stock	230.53	I	By Daktronics, Inc. 401(k), By Spouse

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Daktronics, Inc. Incentive Stock Option	08/23/1996(2)	08/22/2005	Daktronics, Inc. Zero Par Value Common Stock	800	1.47	D
Daktronics, Inc. Incentive Stock Option	11/14/1997(3)	11/13/2006	Daktronics, Inc. Zero Par Value Common Stock	4,000	1.05	D
Daktronics, Inc. Incentive Stock Option	08/21/1998(4)	08/20/2007	Daktronics, Inc. Zero Par Value Common Stock	6,000	1.33	D
Daktronics, Inc. Incentive Stock Option	11/19/1999(5)	11/18/2008	Daktronics, Inc. Zero Par Value Common Stock	10,000	3.06	D
Daktronics, Inc. Incentive Stock Option	11/18/2000(6)	11/17/2009	Daktronics, Inc. Zero Par Value Common Stock	10,000	5.13	D
Daktronics, Inc. Incentive Stock Option	11/16/2001(7)	11/15/2010	Daktronics, Inc. Zero Par Value Common Stock	9,000	7.66	D
Daktronics, Inc. Incentive Stock Option	11/13/2002(8)	11/12/2011	Daktronics, Inc. Zero Par Value Common Stock	10,000	7.54	D
Daktronics, Inc. Incentive Stock Option	11/21/2003(9)	11/20/2012	Daktronics, Inc. Zero Par Value Common Stock	7,000	11.55	D
Daktronics, Inc. Incentive Stock Option	11/19/2004(10)	11/19/2013	Daktronics, Inc. Zero Par Value Common Stock	6,000	17.7	D
Daktronics, Inc. Incentive Stock Option 2004	11/24/2005(11)	11/22/2014	Daktronics, Inc. Zero Par Value Common Stock	5,000	25.96	D

Explanation of Responses:

1. Includes 1,375.251 from ESPP as of 11/23/04

2. 20% vested each year for a total of five years - Remaining vesting schedule - 08/23/97-20%, 08/23/98-20%, 08/23/99-20%, 08/23/00-20%

3. 20% vested each year for a total of five years - Remaining vesting schedule - 11/14/98-20%, 11/14/99-20%, 11/14/00-20%, 11/14/01-20%

4. 20% vested each year for a total of five years - Remaining vesting schedule - 8/21/99-20%, 8/21/00-20%, 8/21/01-20%, 8/21/02-20%

5. 20% vested each year for a total of five years - Vesting schedule - 11/19/00-99%, 11/19/00-20%, 11/19/01-20%, 11/19/02-20%, 11/19/03-20%

6. 20% vested each year for a total of five years - Vesting schedule - 11/18/00-20, 11/18/01-20%, 11/18/02-20%, 11/18/03-20%, 11/18/04-20%

7. 20% vested each year for a total of five years - Remaining vesting schedule - 11/16/02-20%, 11/16/03-20%, 11/16/04-20%, 11/16/05-20%

8. 20% vested each year for a total of five years - Remaining vesting schedule - 11/13/03-20%, 11/13/04-20%, 11/13/05-20%, 11/13/06-20%

9. 20% vested each year for a total of five years - Remaining vesting schedule - 11/21/04-20%, 11/21/05-20%, 11/21/06-20%, 11/21/07-20%

10. 20% vested each year for a total of 5 years - Vesting schedule- 11/19/04 - 20%, 11/19/05- 20%, 11/19/06 - 20%, 11/19/07 - 20%, 11/19/08 - 20%

11. 20% vested each year for a total of five years - Remaining vesting schedule - 11/23/05- 20%, 11/23/06-20%, 11/23/07-20%, 11/23/08-20%, 11/23/09-20%

Remarks:

	By: /s/ Seth T. Hansen	12/03/2004
	** 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 5 (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).
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