LENDWAY, INC. — Director's Dealing 2011

Feb 15, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2010-12-31

Reporting Person: DRILL SCOTT (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-04	Common Stock	G	15000	—	Disposed	228396	Direct
2010-06-09	Common Stock	G	300	—	Disposed	228096	Direct
2010-03-03	Common Stock	G	15000	—	Disposed	10000	Indirect
2010-03-05	Common Stock	G	7000	—	Disposed	3000	Indirect

Footnotes

F1: Gifted Shares.