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LENDWAY, INC. Director's Dealing 2011

Mar 30, 2011

35255_dirs_2011-03-30_3b91aa5d-b79e-441c-92b1-351633785e80.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2011-03-29

Reporting Person: MacDonald Reid (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-29	Common Stock	M	5000	$2.8	Acquired	14000	Direct
2011-03-29	Common Stock	M	5000	$5.49	Acquired	19000	Direct
2011-03-29	Common Stock	M	10000	$3.75	Acquired	29000	Direct
2011-03-29	Common Stock	M	5000	$1.92	Acquired	34000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-29	Non-Qualified Stock Option (right to buy)	$1.92	M	5000	Disposed	2018-05-21	Common Stock (5000)	Direct
2011-03-29	Non-Qualified Stock Option (right to buy)	$2.8	M	5000	Disposed	2019-05-20	Common Stock (5000)	Direct
2011-03-29	Non-Qualified Stock Option (right to buy)	$3.75	M	10000	Disposed	2017-05-23	Common Stock (10000)	Direct
2011-03-29	Non-Qualified Stock Option (right to buy)	$5.49	M	5000	Disposed	2020-05-26	Common Stock (5000)	Direct