LENDWAY, INC. — Director's Dealing 2011

Mar 16, 2011

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: STOFER GORDON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-14	Common Stock	M	5000	$5.8	Acquired	53162	Direct
2011-03-14	Common Stock	M	5000	$5.49	Acquired	58162	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-14	Non-Qualified Stock Option (right to buy)	$5.49	M	5000	Disposed	2020-05-26	Common Stock (5000)	Direct
2011-03-14	Non-Qualified Stock Option (right to buy)	$5.8	M	5000	Disposed	2013-05-20	Common Stock (5000)	Direct