Kristin Hlavka - 02 Aug 2021 Form 4 Insider Report for COMMUNICATIONS SYSTEMS INC (SUNE)

Role
Controller
Signature
Suzette McNally, Attorney-in-Fact for Kristin Hlavka
Issuer symbol
SUNE
Transactions as of
02 Aug 2021
Net transactions value
-$8,387
Form type
4
Filing time
04 Aug 2021, 21:16:39 UTC
Previous filing
13 May 2021
Next filing
22 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGY Common Stock Options Exercise $51,163 +7,469 +51% $6.85* 22,131 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $52,159 -7,295 -33% $7.15* 14,836 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $9,100 +2,000 +13% $4.55 16,836 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $11,411 -1,596 -9.5% $7.15* 15,240 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $21,054 +4,785 +31% $4.40 20,025 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $26,913 -3,764 -19% $7.15* 16,261 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $26,689 +7,393 +45% $3.61 23,654 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $38,345 -5,363 -23% $7.15* 18,291 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $10,410 +3,943 +25% $2.64 19,670 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $18,333 -2,564 -12% $7.15* 19,670 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $31,041 +5,759 +29% $5.39 25,429 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $35,557 -4,973 -20% $7.15* 20,456 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $17,210 +2,407 +12% $7.15* 22,863 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $5,262 -736 -3.2% $7.15* 22,127 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $18,611 +2,603 +12% $7.15* 24,730 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $5,684 -795 -3.2% $7.15* 23,935 02 Aug 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) Other $0 -4,779 -100% $0.000000* 0 02 Aug 2021 Common Stock 4,779 $11.65 Direct F1
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -7,469 -100% $0.000000* 0 02 Aug 2021 Common Stock 7,469 $6.85 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -2,000 -100% $0.000000* 0 02 Aug 2021 Common Stock 2,000 $4.55 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -4,785 -100% $0.000000* 0 02 Aug 2021 Common Stock 4,785 $4.40 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -7,393 -100% $0.000000* 0 02 Aug 2021 Common Stock 7,393 $3.61 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -3,943 -100% $0.000000* 0 02 Aug 2021 Common Stock 3,943 $2.64 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -5,759 -100% $0.000000* 0 02 Aug 2021 Common Stock 5,759 $5.39 Direct
transaction PEGY Restricted Stock Units Options Exercise $0 -2,407 -100% $0.000000* 0 02 Aug 2021 Common Stock 2,407 $7.15 Direct
transaction PEGY Restricted Stock Units Options Exercise $0 -2,603 -100% $0.000000* 0 02 Aug 2021 Common Stock 2,603 $7.15 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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