LENDWAY, INC. — Director's Dealing 2008

Feb 14, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2007-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-26	Common Stock	G	12000	—	Disposed	242354	Direct
2007-03-01	Common Stock	G	20000	—	Disposed	222354	Direct
2007-04-30	Common Stock	G	3000	—	Disposed	219354	Direct
2007-05-24	Common Stock	G	700	—	Disposed	218654	Direct
2007-07-27	Common Stock	G	12500	—	Disposed	67500	Indirect

Footnotes

F1: Gifted Shares.