LENDWAY, INC. — Director's Dealing 2010

Mar 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2010-03-01

Reporting Person: Lucas A Thomas (Sr. Vice President, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-01	Common Stock	M	10000	$4.281	Acquired	50526	Direct
2010-03-01	Common Stock	S	10000	$5.3865	Disposed	40526	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-01	Incentive Stock Option (right to buy)	$4.281	M	10000	Disposed	2010-04-11	Common Stock (10000)	Direct

Footnotes

F1: Exercisable in annual one-third increments on the first, second, and third anniversaries of the date of this option grant.