LENDWAY, INC. — Director's Dealing 2015

Jun 11, 2015

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: Dall Glen (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-09	Incentive Stock Option	$2.82	A	100000	Acquired	2025-06-09	Common Stock (100000)	Direct
2015-06-09	Restricted Stock Units	$	A	15000	Acquired		Common Stock (15000)	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.