X0206 3 2020-01-08 0 0000875355 INSIGNIA SYSTEMS INC/MN ISIG 0001752618 Funicular Fund, LP 1449 WASHINGTON ST #6 SAN FRANCISCO CA 94109 0 0 1 0 0001699575 Cable Car Capital LLC 1449 WASHINGTON ST #6 SAN FRANCISCO CA 94109 0 0 1 0 Common stock 1189812 D Common stock 25000 I Managed account The securities 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. The securities are held in an account managed by Cable Car Capital LLC for the benefit of an associated person. Each Reporting Person disclaims beneficial ownership of the securities, except to the extent of its pecuniary interest therein. Jacob Ma-Weaver 2020-01-17