KRAMER DONALD J 4
4 · INSIGNIA SYSTEMS INC/MN · Filed Mar 3, 2011
Insider Transaction Report
Form 4
KRAMER DONALD J
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-03$2.80/sh−25,000$70,000→ 0 totalExercise: $2.80Exp: 2019-05-20→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2011-03-03$6.82/sh−13,746$93,746→ 92,754 total - Exercise/Conversion
Common Stock
2011-03-03$2.80/sh+25,000$70,000→ 117,754 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-03$3.75/sh−25,000$93,750→ 0 totalExercise: $3.75Exp: 2017-05-23→ Common Stock (25,000 underlying) - Gift
Common Stock
2011-02-16−2,639→ 96,500 total - Exercise/Conversion
Common Stock
2011-03-03$3.75/sh+25,000$93,750→ 106,500 total - Tax Payment
Common Stock
2011-03-03$6.82/sh−10,264$69,999→ 107,490 total
Footnotes (3)
- [F1]Gifted Shares.
- [F2]Payment of option exercise price by withholding of shares in exempt transaction under Rule 16b-3.
- [F3]Exercisable in one-fourth increments on a quarterly basis over one year.