LENDWAY, INC. — Director's Dealing 2017

Apr 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSIGNIA SYSTEMS INC/MN (ISIG)
CIK: 0000875355
Period of Report: 2017-03-28

Reporting Person: Zenz Steven R (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-28	Employee Stock Option (right to buy)	$2.79	H	10000	Disposed	2023-10-17	Common Stock (10000)	Direct
2017-03-28	Employee STock Option (right to buy)	$2.04	A	13661	Acquired	2023-10-17	Common Stock (13661)	Direct

Footnotes

F1: The two transactions reported involve the adjustment of an outstanding stock option to both (i) reduce the exercise price and (ii) increase the underlying shares of common stock to recognize the $0.70 chas dividend paid to the Issuer's shareholders on January 6, 2017.