INSIGNIA SYSTEMS INC/MN 4
4 · INSIGNIA SYSTEMS INC/MN · Filed Apr 20, 2017
Insider Transaction Report
Form 4
Zenz Steven R
Director
Transactions
- Expiration (Short)
Employee Stock Option (right to buy)
2017-03-28$2.46/sh−10,000$24,600→ 0 totalExercise: $2.79From: 2013-10-17Exp: 2023-10-17→ Common Stock (10,000 underlying) - Award
Employee STock Option (right to buy)
2017-03-28$2.04/sh+13,661$27,868→ 13,661 totalExercise: $2.04From: 2017-03-28Exp: 2023-10-17→ Common Stock (13,661 underlying)
Footnotes (1)
- [F1]The two transactions reported involve the adjustment of an outstanding stock option to both (i) reduce the exercise price and (ii) increase the underlying shares of common stock to recognize the $0.70 chas dividend paid to the Issuer's shareholders on January 6, 2017.