SUNation Energy, Inc. — Director's Dealing 2011

Mar 22, 2011

SEC Form 5/A — Form 5/A

Issuer: COMMUNICATIONS SYSTEMS INC (JCS)
CIK: 0000022701
Period of Report: 2010-12-31

Reporting Person: SAMPSON CURTIS A (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-28	Common Stock	G	3800	—	Disposed	1067279	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7000	Indirect
Common Stock	42559	Indirect
Common Stock	16323	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option	$11.82	2020-05-18	Common Stock (3000)	3000	Direct
Non-Qualified Stock Option	$9.73	2019-05-21	Common Stock (3000)	3000	Direct
Non-Qualified Stock Option	$11.41	2018-05-21	Common Stock (3000)	3000	Direct

Footnotes

F1: Shares held in a 1989 irrevocable trust

F2: Shares held in the Communications Systems, Inc. Employee Stock Ownership Plan ("CSI ESOP"). Mr. Sampson is a trustee of the CSI ESOP and disclaims beneficial ownership of any shares of the issuer held by the CSI ESOP in excess of the shares allocated to his individual CSI ESOP account, which total 42,559 shares.

F3: Shares held by Mr. Sampson's spouse. Mr. Sampson disclaims beneficial ownership of shares of the Issuer registered in the name of his spouse.