COMMUNICATIONS SYSTEMS INC 4
4 · COMMUNICATIONS SYSTEMS INC · Filed Jun 7, 2013
Insider Transaction Report
Form 4
Schultz William G
EXEC VP
Transactions
- Award
Common Stock
2013-03-14$10.40/sh+720.416$7,492→ 6,200.677 total(indirect: By ESOP) - Award
Common Stock
2013-03-14$10.40/sh+721.154$7,500→ 6,921.831 total(indirect: By ESOP) - Purchase
Common Stock
2013-04-12$8.84/sh+886$7,832→ 6,178 total - Award
Stock Option (Right-to-Buy)
2013-03-15+61,516→ 61,516 totalExercise: $10.10From: 2014-03-15Exp: 2020-03-15→ Common Stock (61,516 underlying)
Footnotes (3)
- [F1]Acquired pursuant to Communication Systems, Inc. Stock Ownership Plan and Trust.
- [F2]Stock issued pursuant to Communication Systems, Inc. Employee Stock Purchase Plan. Closing price on 3/28/2013 was 9.82 and purchase price is 90% of closing price.
- [F3]Option vests as to the first 25% on the first anniversary of the date of grant and 25% on each of the next three anniversaries.