Filing Details

Accession Number:
0001362118-13-000067
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-07 13:15:09
Reporting Period:
2013-03-14
Filing Date:
2013-06-07
Accepted Time:
2013-06-07 12:15:09
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
1190955 J Michael Skucius 261 7Th St W
Hector MN 55342
Vp 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 3,209 $10.40 19,507 No 5 A Indirect By ESOP
Common Stock Acquisiton 2013-03-14 721 $10.40 20,229 No 5 A Indirect By ESOP
Common Stock Acquisiton 2013-04-12 550 $8.84 48,444 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 7,349 $0.00 7,349 $10.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,349 2014-03-15 2020-03-15 No 4 A Direct
Footnotes
  1. Acquired pursuant to Communication Systems, Inc. Stock Ownership Plan and Trust.
  2. Stock was 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.
  3. Amount of securities beneficially owned reflects diversification of prior ESOP holdings.
  4. 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.