Mike Siegler - Jul 27, 2021 Form 4 Insider Report for COMMUNICATIONS SYSTEMS INC (PEGY)

Role
Senior Vice President
Signature
Suzette McNally, Attorney-in-Fact for Mike Siegler
Stock symbol
PEGY
Transactions as of
Jul 27, 2021
Transactions value $
$14,628
Form type
4
Date filed
8/3/2021, 10:56 AM
Next filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGY Common Stock Options Exercise $8.19K +1.56K +33.06% $5.24 6.29K Jul 27, 2021 Direct F1
transaction PEGY Common Stock Options Exercise $6.44K +1.25K +19.87% $5.15 7.54K Jul 27, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -1.56K -25.01% $0.00 4.69K Jul 27, 2021 Common Stock 6.25K $5.24 Direct F2
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -1.25K -25% $0.00 3.75K Jul 27, 2021 Common Stock 5K $5.15 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects all Employee Stock Purchase Plan issuances through July 31, 2021.
F2 Option vests as to 25% on each of the first four anniversaries of the May 14, 2020 grant date.
F3 Option vests as to 25% on each of the first four anniversaries of the July 20, 2020 grant date.