SUNation Energy, Inc. — Director's Dealing 2015

May 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNICATIONS SYSTEMS INC (JCS)
CIK: 0000022701
Period of Report: 2015-05-21

Reporting Person: GOLDBERG LUELLA G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-21	Common Stock	M	4040	$9.9	Acquired	28363	Direct
2015-05-21	Common Stock	M	3000	$10.21	Acquired	31363	Direct
2015-05-21	Common Stock	F	2271	$10.21	Disposed	28592	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	2015-05-21	Common Stock (4040)	Direct
2015-05-21	Stock Option	$10.21	M	3000	Disposed	2015-05-24	Common Stock (3000)	Direct
2015-05-21	Restricted Stock Units	$	A	2261	Acquired		Common Stock (2261)	Direct
2015-05-21	Non-Qualified Stock Option	$11.05	A	15242	Acquired	2022-05-21	Common Stock (2261)	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 2016 Annual Meeting of Shareholders as long as the director continues to be of 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 5/21/2017.