COMMUNICATIONS SYSTEMS INC 4
4 · COMMUNICATIONS SYSTEMS INC · Filed Jun 7, 2013
Insider Transaction Report
Form 4
Transactions
- Award
Stock Option (Right-to-Buy)
2013-03-15+7,349→ 7,349 totalExercise: $10.10From: 2014-03-15Exp: 2020-03-15→ Common Stock (7,349 underlying) - Purchase
Common Stock
2013-04-12$8.84/sh+550$4,862→ 48,444 total - Award
Common Stock
2013-03-14$10.40/sh+3,208.93$33,373→ 19,507.487 total(indirect: By ESOP) - Award
Common Stock
2013-03-14$10.40/sh+721.154$7,500→ 20,228.641 total(indirect: By ESOP)
Footnotes (4)
- [F1]Acquired pursuant to Communication Systems, Inc. Stock Ownership Plan and Trust.
- [F2]Stock was 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]Amount of securities beneficially owned reflects diversification of prior ESOP holdings.
- [F4]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.