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SUNation Energy, Inc. Director's Dealing 2013

Jun 13, 2013

35416_dirs_2013-06-13_c2d2e645-b372-43da-84fa-9a5f1d4a6509.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: 2013-03-15

Reporting Person: FLUEGGE SCOTT (VP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-04-12 Common Stock P 201 $8.84 Acquired 201 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-03-15 Stock Option (Right-to-Buy) $10.1 A 14211 Acquired 2020-03-15 Common Stock (14211) Direct

Footnotes

F1: Stock issued pursuant to Communication Systems, Inc. Employee Stock Purchase Plan. Closing price on 3/28/2013 was $9.82 and purchase price is 90% of closing price.

F2: Option vests as to the first 25% on the first anniversary of the date of grant and 25% on each of the next three anniversaries.