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* GATZKE CARLA S (Last) (First) (Middle) 201 DAKTRONICS DRIVE (Street) BROOKING SD 57006 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/04/2014	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 X Officer (give title below) Other (specify below) Secretary and VP of Human Reso	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)
Common Stock	429,040	D
Common Stock	15,380	I	Child A
Common Stock	15,005	I	Child B
Common Stock	118,091.1983	I	by 401k
Common Stock	90,000	I	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
Incentive Stock Options	(1)	12/03/2018	Common Stock	5,701	8.29	D
Incentive Stock Options	(2)	12/02/2019	Common Stock	5,981	8.65	D
Incentive Stock Options	(3)	11/30/2021	Common Stock	9,638	9.24	D
Incentive Stock Options	(4)	08/22/2022	Common Stock	10,500	9.51	D
Incentive Stock Options	(3)	08/22/2023	Common Stock	6,870	11.05	D
Incentive Stock Options	(5)	11/22/2014	Common Stock	8,000	12.835	D
Incentive Stock Options	(6)	09/04/2024	Common Stock	6,870	13.31	D
Incentive Stock Options	(7)	11/16/2015	Common Stock	10,000	13.595	D
Incentive Stock Options	(8)	12/01/2020	Common Stock	5,164	14.37	D
Incentive Stock Options	(9)	11/14/2017	Common Stock	4,880	20.07	D
Incentive Stock Options	(10)	11/15/2016	Common Stock	5,890	34.065	D
Non-Qualified Stock Option	(1)	12/03/2018	Common Stock	3,799	8.29	D
Non-Qualified Stock Option	(2)	12/02/2019	Common Stock	3,519	8.65	D
Non-Qualified Stock Option	(3)	11/30/2021	Common Stock	362	9.24	D
Non-Qualified Stock Option	(8)	12/01/2020	Common Stock	1,291	14.37	D
Non-Qualified Stock Option	(9)	11/14/2017	Common Stock	3,620	20.07	D
Non-Qualified Stock Option	(10)	11/15/2016	Common Stock	1,110	34.065	D
Restricted Stock Units	(11)	(11)	Common Stock	12,920	(12)	D

Explanation of Responses:

1. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/04/2009; 12/04/2010; 12/04/2011; 12/04/2012; 12/04/2013

2. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/03/2010; 12/03/2011; 12/03/2012; 12/03/2013; 12/03/2014

3. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/01/2012; 12/01/2013; 12/01/2014; 12/01/2015; 12/01/2016

4. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 8/23/2013; 8/23/2014; 8/23/2015; 8/23/2016; 8/23/2017

5. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/23/2005; 11/23/2006; 11/23/2007; 11/23/2008; 11/23/2009

6. Incentive Stock Options: 20% vested each year for a total of 5 years - vesting schedule: 8/23/2015; 8/23/2016; 8/23/2017; 8/23/2018; 8/23/2019

7. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/17/2006; 11/17/2007; 11/17/2008; 11/17/2009; 11/17/2010

8. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 12/02/2011; 12/02/2012; 12/02/2013; 12/02/2014; 12/02/2015

9. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/15/2008; 11/15/2009; 11/15/2010; 11/15/2011; 11/15/2012

10. Incentive Stock Options: 20% vested each year for a total of five years - vesting schedule: 11/16/2007; 11/16/2008; 11/16/2009; 11/16/2010; 11/16/2011

11. Restricted Stock Units granted on 9/4/14 vest 20% each year for five years beginning on 8/23/2015. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.

12. Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.

	Carla S. Gatzke	09/12/2014
	** 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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