FLUEGGE SCOTT 4

Accession 0001615594-21-000089

CIK 0000022701other

View on SEC.gov Company Profile

Filed

Aug 4, 8:00 PM ET

Accepted

Aug 5, 6:46 AM ET

Size

48.0 KB

Accession

0001615594-21-000089

Insider Transaction Report

Form 4

Period: 2021-08-02

COMMUNICATIONS SYSTEMS INCJCS

FLUEGGE SCOTT

VP Marketing

Transactions

Exercise/Conversion
Common Stock
2021-08-02$4.40/sh+10,000$44,000→ 37,454 total
Exercise/Conversion
Common Stock
2021-08-02$3.61/sh+10,621$38,342→ 38,618 total
Exercise/Conversion
Common Stock
2021-08-02$2.64/sh+16,410$43,322→ 47,047 total
Exercise/Conversion
Common Stock
2021-08-02$7.15/sh+5,343$38,202→ 46,836 total
Exercise/Conversion
Common Stock
2021-08-02$7.15/sh+5,779$41,320→ 51,314 total
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−8,900→ 0 total
Exercise: $6.85From: 2021-08-01Exp: 2023-03-15→ Common Stock (8,900 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−16,410→ 0 total
Exercise: $3.61From: 2021-08-01Exp: 2025-03-09→ Common Stock (16,410 underlying)
Tax Payment
Common Stock
2021-08-02$7.15/sh−11,157$79,773→ 35,890 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−10,748$76,848→ 41,493 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−1,301$9,302→ 45,535 total
Exercise/Conversion
Restricted Stock Units
2021-08-02−5,343→ 0 total
Exercise: $7.15From: 2021-08-01Exp: 2026-03-28→ Common Stock (5,343 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−8,752→ 0 total
Exercise: $2.64From: 2021-08-01Exp: 2026-03-28→ Common Stock (8,752 underlying)
Other
Stock Option (Right-to-Buy)
2021-08-02−15,732→ 0 total
Exercise: $11.65Exp: 2022-03-17→ Common Stock (15,732 underlying)
Tax Payment
Common Stock
2021-08-02$7.15/sh−5,183$37,058→ 39,459 total
Exercise/Conversion
Common Stock
2021-08-02$5.39/sh+12,782$68,895→ 52,241 total
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−10,000→ 0 total
Exercise: $6.55From: 2021-08-01Exp: 2023-05-25→ Common Stock (10,000 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−12,782→ 0 total
Exercise: $5.39From: 2021-08-01Exp: 2027-05-06→ Common Stock (12,782 underlying)
Exercise/Conversion
Common Stock
2021-08-02$6.85/sh+20,624$141,274→ 47,518 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−20,064$143,458→ 27,454 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−9,497$67,904→ 27,997 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−7,981$57,064→ 30,637 total
Exercise/Conversion
Common Stock
2021-08-02$5.39/sh+8,752$47,173→ 44,642 total
Tax Payment
Common Stock
2021-08-02$7.15/sh−1,407$10,060→ 49,907 total
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−11,724→ 0 total
Exercise: $6.85From: 2021-08-01Exp: 2023-03-15→ Common Stock (11,724 underlying)
Exercise/Conversion
Stock Option (Right-to-Buy)
2021-08-02−10,621→ 0 total
Exercise: $4.40From: 2021-08-01Exp: 2024-03-31→ Common Stock (10,621 underlying)
Exercise/Conversion
Restricted Stock Units
2021-08-02−5,779→ 0 total
Exercise: $7.15From: 2021-08-01Exp: 2027-05-06→ Common Stock (5,779 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 without any payment therefor

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

COMMUNICATIONS SYSTEMS INC

CIK 0000022701

→

Entity typeother

Related Parties

filerCIK 0001550300

Filing Metadata

Form type: 4
Filed: Aug 4, 8:00 PM ET
Accepted: Aug 5, 6:46 AM ET
Size: 48.0 KB

View on SEC.gov