Jacob J. Berning - 30 Jun 2023 Form 4 Insider Report for INSIGNIA SYSTEMS INC/MN (LDWY)

Reporting relationship: Director
Issuer ticker: LDWY
Reported as of: 30 Jun 2023
Net transaction value: +$5,497
SEC form: 4
Accepted by SEC: 05 Jul 2023, 15:25:10 UTC
Prior SEC filing: 04 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ Joyce E. Kobilka, Attorney-In-Fact

Key filing fact

Jacob J. Berning filed Form 4 for INSIGNIA SYSTEMS INC/MN (LDWY) on 05 Jul 2023.

Key facts

This page summarizes Jacob J. Berning's Form 4 filing for INSIGNIA SYSTEMS INC/MN (LDWY).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Jul 2023, 15:25.

Change

Previous filing in this sequence was filed on 04 Apr 2023.
Current net transaction value: +$5,497.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LDWY transaction Derivative

Common Stock Equivalent

Award

Transaction value: $5,497
Shares: +712
Change %: +6.4%
Price: $7.72
Shares after: 11,751
Date: 30 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 712
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.