FREEMAN EDWIN C 4
4 · COMMUNICATIONS SYSTEMS INC · Filed May 23, 2013
Insider Transaction Report
Form 4
FREEMAN EDWIN C
Director
Transactions
- Award
Common Stock
2013-05-21+4,040→ 7,737 total
Holdings
- 17,943
Common Stock
Footnotes (3)
- [F1]The common stock reported reflects restricted stock units that will only be settled in common stock and will not be delivered to the reporting person until May 21,2015 and the reporting person has no right to receive the shares until that date.
- [F2]The shares represented by the restricted stock units vest on the earlier of: a) May 21, 2014 or b) the date of the 2014 Communications Systems, Inc. Annual Meeting of Shareholders.
- [F3]The reporting shares were computed based on the Nasdaq closing price of Communications Systems, Inc. stock on May 21, 2013.