SUNation Energy, Inc. — Director's Dealing 2014

Jun 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNICATIONS SYSTEMS INC (JCS)
CIK: 0000022701
Period of Report: 2014-06-04

Reporting Person: PRIMUTH RICHARD A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-06-04	Restricted Stock Units	$	A	1709	Acquired		Common Stock (1709)	Direct
2014-06-04	Non-Qualified Stock Option	$11.7	A	9756	Acquired	2021-06-04	Common Stock (9756)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3500	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 the earlier of the first anniversary of the date of grant or the 2015 Annual Meeting of Shareholders as long as the director continues their 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 6/4/2016.