LSI INDUSTRIES INC
SC 13G/A, 1999-02-10
ELECTRIC LIGHTING & WIRING EQUIPMENT
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934
                               (Amendment No. 13)*


                               LSI Industries Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)


                                  Common Stock
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                  502 16C 10 8
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ]      Rule 13d-1(b)

[X]      Rule 13d-1(c)

[ ]      Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

                        (Continued on following page(s))

                               Page 1 of 4 Pages


<PAGE>





CUSIP NO. 502 16C 10 8                 13G                     Page 2 of 4 Pages
- --------------------------------------------------------------------------------
 1      NAME OF REPORTING PERSONS
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

          Robert J. Ready
          ###-##-####
- --------------------------------------------------------------------------------
 2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*               (a)  [ ]
                                                                        (b)  [ ]

- --------------------------------------------------------------------------------
 3      SEC USE ONLY


- --------------------------------------------------------------------------------
 4      CITIZENSHIP OR PLACE OF ORGANIZATION

           United States of America
- --------------------------------------------------------------------------------
                        5      SOLE VOTING POWER

       NUMBER OF                427,641
        SHARES          --------------------------------------------------------
     BENEFICIALLY       6      SHARED VOTING POWER
       OWNED BY         
         EACH                    130,488
       REPORTING        --------------------------------------------------------
      PERSON WITH       7      SOLE DISPOSITIVE POWER

                                427,641
                        --------------------------------------------------------
                        8      SHARED DISPOSITIVE POWER

                                 130,488
- --------------------------------------------------------------------------------
 9      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          558,129
- --------------------------------------------------------------------------------
10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- --------------------------------------------------------------------------------
11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          5.76%
- --------------------------------------------------------------------------------
12      TYPE OF REPORTING PERSON*

           IN
- --------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>



                                                              Page 3 of 4 Pages


ITEM 1(a) Name of Issuer:  LSI Industries Inc.

          1(b) Address of Issuer's Principal Executive Office:

               10000 Alliance Road
               Cincinnati, Ohio 45242

          2(a) Name of Persons Filing: Robert J. Ready

          2(b) Address of Principal Business Office:

               10000 Alliance Road
               Cincinnati, Ohio 45242

          2(c) Citizenship: U.S.A.

          2(d) Title of Class of Securities: Common Stock, No Par Value

          2(e) CUSIP No.: 502 16C 10 8

          3.   If  this  Statement  is  Filed  Pursuant  to  Rules  13d-1(b)  or
               13d-2(b), check whether the Person Filing is a: N/A

          4.   Ownership:

               (a)    See Item 9 of cover page.
               (b)    See Item 11 of cover page.
               (c)    See Items 5-8 of cover page.

               Share  numbers  in Items 5, 7 and 9  include  options  for  6,750
          shares that are exercisable  within 60 days. Share numbers in Items 6,
          8 and 9 include  130,488  shares  held in trust for the benefit of Mr.
          Ready's  children  of which  shares  Mr.  Ready  disclaims  beneficial
          ownership.

          5.   Ownership of 5% or less of class: N/A

          6.   Ownership of more than 5% on behalf of another person: N/A

          7.   Identification   and   classification  of  the  subsidiary  which
               acquired  the  security  being  reported  by the  parent  holding
               company: N/A



<PAGE>



          8.   Identification and classification of members of the group: N/A

          9.   Notice of dissolution of group: N/A

          10.  Certification: N/A


     By signing  below,  I certify that, to the best of my knowledge and belief,
the  securities  referred  to above were not  acquired  and are not held for the
purpose of or with the effect of  changing  or  influencing  the  control of the
issuer of the  securities  and were not acquired and are not held in  connection
with or as a participant in any transaction having that purpose or effect.

                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.



                                                  January 31, 1999
                                            ---------------------------
                                                        Date

                                                 /s/Robert J. Ready
                                            ---------------------------
                                                      Signature


                                                    Robert J. Ready
                                            ---------------------------
                                                      Name/Title







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