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SUNation Energy, Inc. — Director's Dealing 2013
Jun 7, 2013
35416_dirs_2013-06-07_037f1c2f-d433-4db9-aad4-8c19b4886867.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: 2013-03-14
Reporting Person: Hlavka Kristin (Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-14 | Common Stock | A | 36.994 | $10.4 | Acquired | 572.12 | Indirect |
| 2013-03-14 | Common Stock | A | 397.66 | $10.4 | Acquired | 969.7796 | Indirect |
| 2013-04-12 | Common Stock | P | 158 | $8.84 | Acquired | 1039 | 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 | 4910 | Acquired | 2020-03-15 | Common Stock (4910) | Direct |
Footnotes
F1: Acquired pursuant to Communication Systems, Inc. Stock Ownership Plan and Trust.
F2: 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.
F3: 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.
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