Hlavka Kristin 4

4 · COMMUNICATIONS SYSTEMS INC · Filed Aug 4, 2021

Insider Transaction Report

Form 4

Period: 2021-08-02

COMMUNICATIONS SYSTEMS INCJCS

Hlavka Kristin

Other

Transactions

Exercise/Conversion
Common Stock
2021-08-02$7.15/sh+2,407$17,210→ 22,863 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−736$5,262→ 22,127 total
Exercise/Conversion
Restricted Stock Units
2021-08-02−2,407→ 0 total
Exercise: $7.15From: 2021-08-01Exp: 2026-03-28→ Common Stock (2,407 underlying)
Tax Payment
Common Stock
2021-08-02$7.15/sh−7,295$52,159→ 14,836 total
Exercise/Conversion
Common Stock
2021-08-02$4.55/sh+2,000$9,100→ 16,836 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−4,973$35,557→ 20,456 total
Exercise/Conversion
Common Stock
2021-08-02$6.85/sh+7,469$51,163→ 22,131 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−1,596$11,411→ 15,240 total
Exercise/Conversion
Common Stock
2021-08-02$7.15/sh−3,764$26,913→ 16,261 total
Exercise/Conversion
Common Stock
2021-08-02$3.61/sh+7,393$26,689→ 23,654 total
Exercise/Conversion
Common Stock
2021-08-02$7.15/sh+2,603$18,611→ 24,730 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−795$5,684→ 23,935 total
Exercise/Conversion
Common Stock
2021-08-02$2.64/sh+3,943$10,410→ 19,670 total
Exercise/Conversion
Common Stock
2021-08-02$5.39/sh+5,759$31,041→ 25,429 total
Other
Stock Option (Right-to-Buy)
2021-08-02−4,779→ 0 total
Exercise: $11.65Exp: 2022-03-17→ Common Stock (4,779 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−7,469→ 0 total
Exercise: $6.85From: 2021-08-01Exp: 2023-03-15→ Common Stock (7,469 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−2,000→ 0 total
Exercise: $4.55From: 2021-08-01Exp: 2024-02-24→ Common Stock (2,000 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−4,785→ 0 total
Exercise: $4.40From: 2021-08-01Exp: 2024-03-31→ Common Stock (4,785 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−7,393→ 0 total
Exercise: $3.61From: 2021-08-01Exp: 2025-03-09→ Common Stock (7,393 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−3,943→ 0 total
Exercise: $2.64From: 2021-08-01Exp: 2026-03-28→ Common Stock (3,943 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−5,759→ 0 total
Exercise: $5.39From: 2021-08-01Exp: 2027-05-06→ Common Stock (5,759 underlying)
Exercise/Conversion
Common Stock
2021-08-02$4.40/sh+4,785$21,054→ 20,025 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−5,363$38,345→ 18,291 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−2,564$18,333→ 19,670 total
Exercise/Conversion
Restricted Stock Units
2021-08-02−2,603→ 0 total
Exercise: $7.15From: 2021-08-01Exp: 2027-05-06→ Common Stock (2,603 underlying)

Footnotes (1)

[F1]as provided under the 2011 Plan and in accordance with the determinations of the Compensation Committee, all stock options outstanding on August 2, 2021 having an exercise price equal to or greater than the Fair Market Value on the August 2, 2021 closing date of the E&S Sale Transaction were terminated and cancelled as of the closing date without any payment therefor

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