X0303 4 2011-03-08 0 0000875355 INSIGNIA SYSTEMS INC/MN ISIG 0001400607 Jones Alan 8799 BROOKLYN BLVD MINNEAPOLIS MN 55445 0 1 0 0 Sr. VP CPG & Retail Sales Common Stock 2011-03-08 4 S 0 7069 6.8 D 3666 D Common Stock 2011-03-09 4 M 0 3599 1.95 A 7265 D Common Stock 2011-03-09 4 F 0 1047 6.7 D 6218 D Common Stock 2011-03-09 4 M 0 30000 1.19 A 36218 D Common Stock 2011-03-09 4 F 0 5328 6.7 D 30890 D Common Stock 2011-03-09 4 M 0 45000 3.75 A 75890 D Common Stock 2011-03-09 4 F 0 25186 6.7 D 50704 D Common Stock 2011-03-09 4 M 0 13334 1.92 A 64038 D Common Stock 2011-03-09 4 F 0 3821 6.7 D 60217 D Common Stock 2011-03-09 4 M 0 6667 2.8 A 66884 D Common Stock 2011-03-09 4 F 0 2786 6.7 D 64098 D Incentive Stock Option (right to buy) 1.19 2011-03-09 4 M 0 30000 1.19 D 2009-05-16 2016-05-16 Common Stock 30000 0 D Incentive Stock Option (right to buy) 1.92 2011-03-09 4 M 0 13334 1.92 D 2010-05-21 2018-05-21 Common Stock 13334 6666 D Incentive Stock Option (right to buy) 1.95 2011-03-09 4 M 0 3599 1.95 D 2004-12-31 2014-02-19 Common Stock 3599 0 D Incentive Stock Option (right to buy) 2.8 2011-03-09 4 M 0 6667 2.8 D 2010-05-20 2019-05-20 Common Stock 6667 13333 D Incentive Stock Option (right to buy) 3.75 2011-03-09 4 M 0 45000 3.75 D 2010-05-23 2017-05-23 Common Stock 45000 0 D /s/ Alan Jones 2011-03-10