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

Signature
Suzette McNally, Attorney-in-Fact for Mike Siegler
Issuer symbol
SUNE
Transactions as of
27 Jul 2021
Net transactions value
+$14,628
Form type
4
Filing time
03 Aug 2021, 10:56:52 UTC
Next filing
04 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGY Common Stock Options Exercise $8,190 +1,563 +33% $5.24 6,291 27 Jul 2021 Direct F1
transaction PEGY Common Stock Options Exercise $6,438 +1,250 +20% $5.15 7,541 27 Jul 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 -1,563 -25% $0.000000 4,687 27 Jul 2021 Common Stock 6,250 $5.24 Direct F2
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -1,250 -25% $0.000000 3,750 27 Jul 2021 Common Stock 5,000 $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.