Scott Fluegge - 02 Aug 2021 Form 4 Insider Report for COMMUNICATIONS SYSTEMS INC (SUNE)

Role
VP of IT
Signature
Suzette McNally, Attorney-in-Fact for Scott Fluegge
Issuer symbol
SUNE
Transactions as of
02 Aug 2021
Net transactions value
-$18,938
Form type
4
Filing time
05 Aug 2021, 06:46:30 UTC
Previous filing
13 May 2021
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 $141,274 +20,624 +77% $6.85* 47,518 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $143,458 -20,064 -42% $7.15* 27,454 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $44,000 +10,000 +36% $4.40 37,454 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $67,904 -9,497 -25% $7.15* 27,997 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $38,342 +10,621 +38% $3.61 38,618 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $57,064 -7,981 -21% $7.15* 30,637 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $43,322 +16,410 +54% $2.64 47,047 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $79,773 -11,157 -24% $7.15* 35,890 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $47,173 +8,752 +24% $5.39 44,642 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $37,058 -5,183 -12% $7.15* 39,459 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $68,895 +12,782 +32% $5.39 52,241 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $76,848 -10,748 -21% $7.15* 41,493 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $38,202 +5,343 +13% $7.15* 46,836 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $9,302 -1,301 -2.8% $7.15* 45,535 02 Aug 2021 Direct
transaction PEGY Common Stock Options Exercise $41,320 +5,779 +13% $7.15* 51,314 02 Aug 2021 Direct
transaction PEGY Common Stock Tax liability $10,060 -1,407 -2.7% $7.15* 49,907 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 -15,732 -100% $0.000000* 0 02 Aug 2021 Common Stock 15,732 $11.65 Direct F1
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -11,724 -100% $0.000000* 0 02 Aug 2021 Common Stock 11,724 $6.85 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -8,900 -100% $0.000000* 0 02 Aug 2021 Common Stock 8,900 $6.85 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -10,000 -100% $0.000000* 0 02 Aug 2021 Common Stock 10,000 $6.55 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -10,621 -100% $0.000000* 0 02 Aug 2021 Common Stock 10,621 $4.40 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -16,410 -100% $0.000000* 0 02 Aug 2021 Common Stock 16,410 $3.61 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -8,752 -100% $0.000000* 0 02 Aug 2021 Common Stock 8,752 $2.64 Direct
transaction PEGY Stock Option (Right-to-Buy) Options Exercise $0 -12,782 -100% $0.000000* 0 02 Aug 2021 Common Stock 12,782 $5.39 Direct
transaction PEGY Restricted Stock Units Options Exercise $0 -5,343 -100% $0.000000* 0 02 Aug 2021 Common Stock 5,343 $7.15 Direct
transaction PEGY Restricted Stock Units Options Exercise $0 -5,779 -100% $0.000000* 0 02 Aug 2021 Common Stock 5,779 $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 without any payment therefor