Filing Details
- Accession Number:
- 0001362118-13-000063
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-06-07 11:17:23
- Reporting Period:
- 2013-03-14
- Filing Date:
- 2013-06-07
- Accepted Time:
- 2013-06-07 11:17:23
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 22701 | Communications Systems Inc | JCS | Telephone & Telegraph Apparatus (3661) | 410957999 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1419669 | G William Schultz | 6475 City West Parkway Eden Prairie MN 55344 | Ceo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-03-14 | 720 | $10.40 | 6,201 | No | 5 | A | Indirect | By ESOP |
| Common Stock | Acquisiton | 2013-03-14 | 721 | $10.40 | 6,922 | No | 5 | A | Indirect | By ESOP |
| Common Stock | Acquisiton | 2013-04-12 | 886 | $8.84 | 6,178 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 5 | A | Indirect | By ESOP |
| No | 5 | A | Indirect | By ESOP |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right-to-Buy) | Acquisiton | 2013-03-15 | 61,516 | $0.00 | 61,516 | $10.10 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 61,516 | 2014-03-15 | 2020-03-15 | No | 4 | A | Direct |
Footnotes
- Acquired pursuant to Communication Systems, Inc. Stock Ownership Plan and Trust.
- Stock issued pursuant to Communication Systems, Inc. Employee Stock Purchase Plan. Closing price on 3/28/2013 was 9.82 and purchase price is 90% of closing price.
- Option vests as to the first 25% on the first anniversary of the date of grant and 25% on each of the next three anniversaries.
Billionaire Hedge Funds
