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SUNation Energy, Inc. Director's Dealing 2015

May 27, 2015

35416_dirs_2015-05-26_81247cf7-f6fc-4640-9f03-4b14d65b8245.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: 2015-05-21

Reporting Person: Lacey Roger HD (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-21 Common Stock M 4040 $9.9 Acquired 25932.877 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-05-21 Restricted Stock Units $9.9 M 4040 Disposed 2015-05-24 Common Stock (4040) Direct
2015-05-21 Stock Option (Right-to Buy) $11.05 A 25050 Acquired 2022-05-21 Common Stock (25050) Direct

Footnotes

F1: Options vest as to 50% on 5/31/2016 and the remaining 50% on 5/31/2017.