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LENDWAY, INC. Director's Dealing 2015

Jun 11, 2015

35255_dirs_2015-06-11_1b291934-14bc-4849-88a8-c7e03c4852a4.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: 2015-06-09

Reporting Person: Gonsior John (VP Finance and CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-06-09 Incentive Stock Option $2.82 A 40000 Acquired 2025-06-09 Common Stock (40000) Direct
2015-06-09 Restricted Stock Units $ A 6000 Acquired Common Stock (6000) Direct

Footnotes

F1: Exercisable in annual one-third increments on the first, second, and third anniversaries of the date of this option grant.

F2: Each restricted stock unit represents a contingent right to receive one share of ISIG common stock.

F3: The restricted stock units vest in three equal annual installments beginning June 9, 2016 and will be delivered to reporting person on vest date.