LENDWAY, INC. — Director's Dealing 2007

Jan 30, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2006-12-31

Reporting Person: DRILL SCOTT (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-15	Common Stock	G	12500	—	Disposed	208170	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	80000	Indirect

Footnotes

F1: Gifted Shares.