SUNation Energy, Inc. — Director's Dealing 2014

Jul 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNICATIONS SYSTEMS INC (jcs)
CIK: 0000022701
Period of Report: 2014-07-01

Reporting Person: PINT GERALD D (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-01	Restricted Stock Units	$	A	193	Acquired		Common Stock (193)	Direct
2014-07-01	Non-Qualified Stock Option	$12.9	A	1028	Acquired	2021-07-01	Common Stock (1028)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12923	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of CSI common stock.

F2: The restricted stock units vest on May 31, 2015 as long as the director continues his service to the Board prior to the vesting date. The restricted stock units have an additional year of restriction and stock will be issued on 7/1/2016.