LENDWAY, INC. — Director's Dealing 2012

Mar 6, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2012-03-01

Reporting Person: Dall Glen (EVP and COO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	351	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$3.13	2021-08-23	Common Stock (16527)		Direct
Incentive Stock Option (right to buy)	$3.79	2019-08-31	Common Stock (13333)		Direct
Incentive Stock Option (right to buy)	$4.22	2021-05-25	Common Stock (20000)		Direct
Incentive Stock Option (right to buy)	$5.49	2020-05-26	Common Stock (20000)		Direct
Non-Qualified Stock Option (right to buy)	$3.13	2021-08-23	Common Stock (3473)		Direct

Footnotes

F1: 3,194 shares on 8/23/2012; 6,667 shares on 8/23/2013 and 6,666 shares on 8/23/2014

F2: 6,667 shares on 8/31/2011 and 6,666 shares on 8/31/2012

F3: Exercisable in annual one-third increments on the first, second, and third anniversaries of the date of this option grant.