DRILL SCOTT 4

4 · INSIGNIA SYSTEMS INC/MN · Filed Mar 10, 2011

Insider Transaction Report

Form 4

Period: 2011-03-08

INSIGNIA SYSTEMS INC/MNISIG

DRILL SCOTT

DirectorPresident and CEO

Transactions

Exercise/Conversion
Common Stock
2011-03-09$1.92/sh+13,334$25,601→ 528,803 total
Tax Payment
Common Stock
2011-03-09$6.70/sh−26,537$177,798→ 556,346 total
Sale
Common Stock
2011-03-10$6.76/sh−7,880$53,269→ 553,168 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-09$2.80/sh−6,667$18,668→ 0 total
Exercise: $2.80From: 2010-05-20Exp: 2019-05-20→ Common Stock (6,667 underlying)
Exercise/Conversion
Common Stock
2011-03-09$3.75/sh+47,413$177,799→ 582,883 total
Exercise/Conversion
Common Stock
2011-03-09$5.80/sh+35,000$203,000→ 591,346 total
Tax Payment
Common Stock
2011-03-09$6.70/sh−30,298$202,997→ 561,048 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-09$1.92/sh−13,334$25,601→ 0 total
Exercise: $1.92From: 2010-05-21Exp: 2018-05-21→ Common Stock (13,334 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-09$3.75/sh−47,413$177,799→ 0 total
Exercise: $3.75From: 2010-05-23Exp: 2017-05-23→ Common Stock (47,413 underlying)
Sale
Common Stock
2011-03-09$6.76/sh−17,456$118,003→ 468,771 total
Exercise/Conversion
Common Stock
2011-03-09$0.96/sh+26,698$25,630→ 515,469 total
Sale
Common Stock
2011-03-08$6.78/sh−6,149$41,703→ 493,096 total
Sale
Common Stock
2011-03-08$6.76/sh−2,000$13,520→ 491,096 total
Sale
Common Stock
2011-03-08$6.76/sh−3,851$26,033→ 487,245 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-09$1.31/sh−20,000$26,200→ 0 total
Exercise: $1.31From: 2005-05-20Exp: 2014-05-20→ Common Stock (20,000 underlying)
Sale
Common Stock
2011-03-08$6.76/sh−1,018$6,882→ 486,227 total
Exercise/Conversion
Common Stock
2011-03-09$1.31/sh+20,000$26,200→ 488,771 total
Exercise/Conversion
Common Stock
2011-03-09$2.80/sh+6,667$18,668→ 535,470 total
Exercise/Conversion
Incentive Stock Option (right to buy)
2011-03-09$5.80/sh−35,000$203,000→ 0 total
Exercise: $5.80From: 2006-05-20Exp: 2013-05-20→ Common Stock (35,000 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2011-03-09$0.96/sh−26,698$25,630→ 0 total
Exercise: $0.96From: 2008-05-18Exp: 2015-05-18→ Common Stock (26,698 underlying)

Holdings

Common Stock
(indirect: By Partnership)
3,000

Documents

1 file

4
edgardoc.xmlPrimary
PRIMARY DOCUMENT