Roger Hd Lacey - 02 Aug 2021 Form 4 Insider Report for COMMUNICATIONS SYSTEMS INC (SUNE)

Role
Chairman/Interim CEO, Director
Signature
Suzette McNally, Attorney-in-Fact for Roger H.D. Lacey
Issuer symbol
SUNE
Transactions as of
02 Aug 2021
Net transactions value
-$295,955
Form type
4
Filing time
04 Aug 2021, 21:45:44 UTC
Previous filing
13 May 2021
Next filing
16 May 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 $282,562 +41,250 +41% $6.85* 141,996 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $289,175 -40,444 -28% $7.15* 101,552 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $247,500 +56,250 +55% $4.40 157,802 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $330,158 -46,176 -29% $7.15* 111,626 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $223,369 +61,875 +55% $3.61 173,501 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $340,412 -47,610 -27% $7.15* 125,891 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $127,500 +50,000 +40% $2.55 175,891 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $250,293 -35,006 -20% $7.15* 140,885 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $19,800 +7,500 +5.3% $2.64 148,385 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $37,874 -5,297 -3.6% $7.15* 143,088 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $189,162 +35,095 +25% $5.39 178,183 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $222,165 -31,072 -17% $7.15* 147,111 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $32,740 +4,579 +3.1% $7.15* 151,690 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $13,878 -1,941 -1.3% $7.15* 149,749 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $113,435 +15,865 +11% $7.15* 165,614 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $48,069 -6,723 -4.1% $7.15* 158,891 02 Aug 2021 Direct
holding PEGY Common Stock 9,630 02 Aug 2021 By ESOP

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 -22,655 -100% $0.000000* 0 02 Aug 2021 Common Stock 22,655 $11.65 Direct F1
transaction PEGY Stock Option (Right-to-Buy) Other $0 -6,100 -100% $0.000000* 0 02 Aug 2021 Common Stock 6,100 $11.09 Direct F1
transaction PEGY Stock Option (Right-to-Buy) Other $0 -18,850 -100% $0.000000* 0 02 Aug 2021 Common Stock 18,850 $11.09 Direct F1
transaction PEGY Stock Option (Right-to-Buy) Other $0 -25,050 -100% $0.000000* 0 02 Aug 2021 Common Stock 25,050 $11.05 Direct F1
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -16,667 -100% $0.000000* 0 02 Aug 2021 Common Stock 16,667 $7.34 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -41,250 -100% $0.000000* 0 02 Aug 2021 Common Stock 41 $6.85 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -15,456 -100% $0.000000* 0 02 Aug 2021 Common Stock 15,456 $4.40 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -40,794 -100% $0.000000* 0 02 Aug 2021 Common Stock 40,794 $4.40 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -61,875 -100% $0.000000* 0 02 Aug 2021 Common Stock 61,875 $3.61 Direct
transaction PEGY Restricted Stock Units Options Exercise $0 -4,579 -100% $0.000000* 0 02 Aug 2021 Common Stock 4,579 $7.15 Direct
transaction PEGY Restricted Stock Units Options Exercise $0 -15,865 -100% $0.000000* 0 02 Aug 2021 Common Stock 15,865 $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 of the E&S Sale Transaction were terminated and cancelled as of the closing date without any payment therefor