INSIGNIA SYSTEMS INC/MN 4
4 · INSIGNIA SYSTEMS INC/MN · Filed May 26, 2015
Insider Transaction Report
Form 4
Gonsior John
VP Finance and CFO
Transactions
- Exercise/Conversion
Common Stock
2015-05-21+1,667→ 26,161 total - Exercise/Conversion
Restricted Stock Units
2015-05-21−1,667→ 3,333 total→ Common Stock (1,667 underlying) - Tax Payment
Common Stock
2015-05-21$2.89/sh−713$2,061→ 25,448 total
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On May 21, 2014, the reporting person was granted 5,000 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
- [F3]Includes 24,494 shares acquired between December 31, 2012 and December 31, 2014 pursuant to issuer's employee stock purchase plan.