LENDWAY, INC. — Director's Dealing 2016

May 31, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2016-05-27

Reporting Person: Cherrey Mark (Dir of Finance, PAO-PFO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11065	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$3.03	2024-05-21	Common Stock (7500)		Direct

Footnotes

F1: Scheduled to become exercisable with respect to one-third of the underlying shares on each of May 21, 2015, 2016 and 2017.