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LENDWAY, INC. Director's Dealing 2011

Mar 16, 2011

35255_dirs_2011-03-16_ef60aab0-6e2f-4b21-ac20-0c190d7b2ad7.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: 2011-03-14

Reporting Person: Derycz Peter (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-14	Common Stock	M	5000	$3.75	Acquired	5000	Direct
2011-03-14	Common Stock	S	5000	$6.66	Disposed	0	Direct
2011-03-14	Common Stock	M	3900	$1.92	Acquired	3900	Direct
2011-03-14	Common Stock	S	3900	$6.66	Disposed	0	Direct
2011-03-16	Common Stock	M	1100	$1.92	Acquired	1100	Direct
2011-03-16	Common Stock	S	1100	$6.4321	Disposed	0	Direct
2011-03-16	Common Stock	M	5000	$2.8	Acquired	5000	Direct
2011-03-16	Common Stock	S	5000	$6.4321	Disposed	0	Direct
2011-03-16	Common Stock	M	5000	$5.49	Acquired	5000	Direct
2011-03-16	Common Stock	S	5000	$6.4321	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-14	Non-Qualified Stock Option (right to buy)	$1.92	M	3900	Disposed	2018-05-21	Common Stock (3900)	Direct
2011-03-16	Non-Qualified Stock Option (right to buy)	$1.92	M	1100	Disposed	2018-05-21	Common Stock (1100)	Direct
2011-03-16	Non-Qualified Stock Option (right to buy)	$2.8	M	5000	Disposed	2019-05-20	Common Stock (5000)	Direct
2011-03-14	Non-Qualified Stock Option (right to buy)	$3.75	M	5000	Disposed	2017-05-23	Common Stock (5000)	Direct
2011-03-16	Non-Qualified Stock Option (right to buy)	$5.49	M	5000	Disposed	2020-05-26	Common Stock (5000)	Direct