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Unterseher Loren A – ‘4’ for 3/31/21 re: Insignia Systems Inc./MN

On:  Friday, 4/2/21, at 3:17pm ET   ·   For:  3/31/21   ·   Accession #:  1654954-21-3813   ·   File #:  1-13471

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/02/21  Unterseher Loren A                4                      1:5K   Insignia Systems Inc./MN          Blueprint/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      3K 
                Securities by an Insider -- section16.xml/3.6


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
XML Data rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<ownershipDocument>
<schemaVersion> X0306 </schemaVersion>
<documentType> 4 </documentType>
<periodOfReport> 2021-03-31 </periodOfReport>
<issuer>
<issuerCik> 0000875355 </issuerCik>
<issuerName> INSIGNIA SYSTEMS INC/MN </issuerName>
<issuerTradingSymbol> ISIG </issuerTradingSymbol>
</issuer>
<reportingOwner>
<reportingOwnerId>
<rptOwnerCik> 0001741560 </rptOwnerCik>
<rptOwnerName> Unterseher Loren A </rptOwnerName>
</reportingOwnerId>
<reportingOwnerAddress>
<rptOwnerStreet1> 8799 BROOKLYN BLVD </rptOwnerStreet1>
<rptOwnerStreet2></rptOwnerStreet2>
<rptOwnerCity> MINNEAPOLIS </rptOwnerCity>
<rptOwnerState> MN </rptOwnerState>
<rptOwnerZipCode></rptOwnerZipCode>
<rptOwnerStateDescription></rptOwnerStateDescription>
</reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector> true </isDirector>
<isOfficer> false </isOfficer>
<isTenPercentOwner> false </isTenPercentOwner>
</reportingOwnerRelationship>
</reportingOwner>
<derivativeTable>
<derivativeTransaction>
<securityTitle>
<value> Common Stock Equivalent </value>
</securityTitle>
<conversionOrExercisePrice>
<footnoteId id="F1"/>
</conversionOrExercisePrice>
<transactionDate>
<value> 2021-03-31 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> A </transactionCode>
<equitySwapInvolved> false </equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 936 </value>
</transactionShares>
<transactionPricePerShare>
<value> 5.87 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> A </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<footnoteId id="F1"/>
</exerciseDate>
<expirationDate>
<footnoteId id="F1"/>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 936 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 3856 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes>
<footnote id="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. </footnote>
</footnotes>
<ownerSignature>
<signatureName> /s/ Joyce E. Kobilka, Attorney-in-Fact </signatureName>
<signatureDate> 2021-04-02 </signatureDate>
</ownerSignature>
</ownershipDocument>


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Filing Submission 0001654954-21-003813   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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