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LENDWAY, INC. Capital/Financing Update 2011

Sep 14, 2011

35255_rns_2011-09-14_e10e0e6a-f083-4829-a0ae-d68614183d79.zip

Capital/Financing Update

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8-K 1 insignia114308_8k.htm FORM 8-K DATED SEPTEMBER 8, 2011

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549-1004

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FORM 8-K

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CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report: September 8, 2011

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INSIGNIA SYSTEMS, INC.

(Exact name of registrant as specified in its chapter)

Minnesota 1-13471 41-1656308
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
8799 Brooklyn Blvd., Minneapolis, Minnesota 55445
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (763) 392-6200

(Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

£ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
£ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
£ Pre-commencement communications pursuant to Rule 13e-4c under the Exchange Act (17 CFR 240.13e-4c)

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Item 8.01. Other Events.

Since September 8, 2011, the Company has made the following purchases pursuant to its Share Repurchase Plan.

Purchase Date Shares Purchased Per Share Purchase Price
September 8, 2011 600 $ 3.10
September 9, 2011 1,150 $ 3.10
September 12, 2011 4,129 $ 3.06
September 13, 2011 4,473 $ 3.03
September 14, 2011 229,000 $ 3.01

Together with these purchases, the Company has now purchased a total 2,615,470 shares totaling $14,811,867. As previously announced, the Share Repurchase Plan authorizes the Company to purchase up to $20,000,000 of its common stock on or before January 31, 2012.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Insignia Systems, Inc.
(Registrant)
Date: September 14, 2011 By /s/ Scott F. Drill
Scott F. Drill, President and Chief Executive Officer

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