LENDWAY, INC. — Director's Dealing 2010

Jan 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2010-01-12

Reporting Person: KRAMER DONALD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-12	Common Stock	M	10000	$0.96	Acquired	35000	Direct
2010-01-12	Common Stock	M	5000	$1.19	Acquired	40000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-12	Non-Qualified Stock Option (right to buy)	$0.96	M	10000	Disposed	2015-05-18	Common Stock (10000)	Direct
2010-01-12	Non-Qualified Stock Option (right to buy)	$1.19	M	5000	Disposed	2016-05-16	Common Stock (5000)	Direct