4//SEC Filing
COMMUNICATIONS SYSTEMS INC 4
Accession 0001615594-15-000083
$SUNECIK 0000022701operating
Filed
May 25, 8:00 PM ET
Accepted
May 26, 9:10 PM ET
Size
16.2 KB
Accession
0001615594-15-000083
Insider Transaction Report
Form 4
GOLDBERG LUELLA G
Director
Transactions
- Award
Non-Qualified Stock Option
2015-05-21+15,242→ 2,261 totalExercise: $11.05From: 2016-05-21Exp: 2022-05-21→ Common Stock (2,261 underlying) - Tax Payment
Common Stock
2015-05-21$10.21/sh−2,271$23,187→ 28,592 total - Exercise/Conversion
Stock Option
2015-05-21−3,000→ 0 totalExercise: $10.21From: 2005-05-24Exp: 2015-05-24→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2015-05-21$10.21/sh+3,000$30,630→ 31,363 total - Award
Restricted Stock Units
2015-05-21+2,261→ 2,261 total→ Common Stock (2,261 underlying) - Exercise/Conversion
Restricted Stock Units
2015-05-21−4,040→ 0 totalExercise: $9.90From: 2015-05-21Exp: 2015-05-21→ Common Stock (4,040 underlying) - Exercise/Conversion
Common Stock
2015-05-21$9.90/sh+4,040$39,996→ 28,363 total
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of CSI Common Stock.
- [F2]The Restricted Stock Units vest on the earlier of the first anniversary of the date of grant or the 2016 Annual Meeting of Shareholders as long as the director continues to be of service to the Board prior to the vesting date. The Restricted Stock Units have an additional year of restriction and stock will be issued on 5/21/2017.
Documents
Issuer
COMMUNICATIONS SYSTEMS INC
CIK 0000022701
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000022701
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 9:10 PM ET
- Size
- 16.2 KB