X0306 4 2020-10-21 1 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 2020-10-21 4 S 0 225000 1.805 D 1357799 D Common stock 2020-10-22 4 S 0 772799 1.058 D 585000 D Profits from the sale of 64,032 shares acquired within the preceding six months may be recoverable by the issuer in accordance with the procedures set forth in Section 16(b) of the Securities Exchange Act of 1934. The securities were purchased and 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. Jacob Ma-Weaver 2020-10-22