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SUNation Energy, Inc. — Director's Dealing 2013
Sep 9, 2013
35416_dirs_2013-09-09_3e9c85a4-9e16-40b8-9cae-14f8f196876e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMMUNICATIONS SYSTEMS INC (JCS)
CIK: 0000022701
Period of Report: 2013-09-05
Reporting Person: FREEMAN EDWIN C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-09-05 | Common Stock | D | 4040 | — | Disposed | 3697 | Direct |
| 2013-09-05 | Common Stock | A | 1010 | — | Acquired | 4707 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-09-05 | Stock Option (Right-to-Buy) | $11.81 | A | 5607 | Acquired | 2020-03-15 | Common Stock (5607) | Direct |
Footnotes
F1: The common stock reported reflects restricted stock units that will only be settled in common stock and will not be delivered to the reporting person until September 5, 2015 and the reporting person has no right to receive the stock until that date.
F2: The shares represented by the restricted stock units vest on September 5, 2014.
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