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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 9/23/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 875355 |
| Issuer Name: INSIGNIA SYSTEMS INC/MN |
| Issuer Trading Symbol: ISIG |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1752618 |
| | Owner Name: Funicular Fund, LP |
| Reporting Owner Address: |
| | Owner Street 1: 1449 WASHINGTON ST #6 |
| | Owner Street 2: |
| | Owner City: SAN FRANCISCO |
| | Owner State: CA |
| | Owner ZIP Code: 94109 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? No |
| | Is Ten Percent Owner? Yes |
| | Is Other? No |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1699575 |
| | Owner Name: Cable Car Capital LLC |
| Reporting Owner Address: |
| | Owner Street 1: 1449 WASHINGTON ST #6 |
| | Owner Street 2: |
| | Owner City: SAN FRANCISCO |
| | Owner State: CA |
| | Owner ZIP Code: 94109 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? No |
| | Is Ten Percent Owner? Yes |
| | Is Other? No |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common stock |
| | Transaction Date: |
| | | Value: 9/23/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: P |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 300 |
| | | Transaction Price Per Share: |
| Value: 0.6 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,565,312 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common stock |
| | Transaction Date: |
| | | Value: 9/24/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: P |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,700 |
| | | Transaction Price Per Share: |
| Value: 0.6193 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,568,012 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Remarks: The securities were purchased and are held by The Funicular Fund, LP (the "Fund"). Cable Car Capital LLC serves as General Partner and investment adviser to the Fund and may therefore be deemed to have beneficial ownership of the securities. Each Reporting Person disclaims beneficial ownership of the securities held by the Fund, except to the extent of its pecuniary interest therein. |
| Owner Signature: |
| Signature Name: Jacob Ma-Weaver |
| Signature Date: 9/24/20 |
