LENDWAY, INC. — Director's Dealing 2015

May 26, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2015-05-21

Reporting Person: Dall Glen (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-21	Common Stock	M	5000	—	Acquired	10797	Direct
2015-05-21	Common Stock	F	1467	$2.89	Disposed	9330	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-21	Restricted Stock Units	$	M	5000	Disposed		Common Stock (5000)	Direct

Footnotes

F1: Restricted stock units convert into common stock on a one-for-one basis.

F2: On May 21, 2014, the reporting person was granted 15,000 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

F3: Includes 5,797 shares acquired between December 31, 2010 and December 31, 2014 pursuant to issuer's employee stock purchase plan.