TULP

SEC source: 0001654954-19-005946 · section16.xml · nonDerivative · entry 1

Glancy Kristine A · CIK 0001672376 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 220,497

F1 · balance_after: Includes 10,000 shares acquired December 31, 2018 pursuant to Issuer's employee stock purchase plan.

SEC source: 0001654954-19-004312 · section16.xml · derivative · entry 1

Zenz Steven R · CIK 0001589558 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,068

Underlying: Common Stock · 2,068 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-19-004318 · section16.xml · derivative · entry 1

Unterseher Loren A · CIK 0001741560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,195

Underlying: Common Stock · 3,195 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-19-004316 · section16.xml · derivative · entry 1

Berning Jacob J · CIK 0001627511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,135

Underlying: Common Stock · 4,135 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-19-004314 · section16.xml · derivative · entry 1

VEGAS RACHAEL · CIK 0001706647 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,068

Underlying: Common Stock · 2,068 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-19-000072 · section16.xml · derivative · entry 1

Berning Jacob J · CIK 0001627511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,691

Underlying: Common Stock · 3,691 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-19-000073 · section16.xml · derivative · entry 1

Zenz Steven R · CIK 0001589558 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,846

Underlying: Common Stock · 1,846 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-18-010741 · section16.xml · derivative · entry 1

Berning Jacob J · CIK 0001627511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,179

Underlying: Common Stock · 3,179 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-18-010740 · section16.xml · derivative · entry 1

Zenz Steven R · CIK 0001589558 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,590

Underlying: Common Stock · 1,590 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-18-009886 · section16.xml · nonDerivative · entry 1

Jagerson Jeffrey A · CIK 0001712798 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,166

SEC source: 0000353184-18-000045 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,509,742

F2 · kind: The sale on August 14, 2018 resulted in a short-swing profit to the reporting person of $3,306.85 as a result of the reporting person's purchases of shares on March 14 and March 28, 2018. The reporting person has delivered payment of this amount to the issuer.

F1 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000044 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,516,014

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.96 to $1.98. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0001654954-18-009166 · section16.xml · nonDerivative · entry 1

Zenz Steven R · CIK 0001589558 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,809

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest on the day immediately preceding the date of the next annual meeting of shareholders of the Issuer.

SEC source: 0001654954-18-009165 · section16.xml · nonDerivative · entry 1

VEGAS RACHAEL · CIK 0001706647 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,115

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest on the day immediately preceding the date of the next annual meeting of shareholders of the Issuer.

SEC source: 0001654954-18-009162 · section16.xml · nonDerivative · entry 1

Clarridge Suzanne L · CIK 0001741435 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,692

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest on the day immediately preceding the date of the next annual meeting of shareholders of the Issuer.

SEC source: 0001654954-18-009164 · section16.xml · nonDerivative · entry 1

Unterseher Loren A · CIK 0001741560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,692

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest on the date immediately preceding the date of the next annual meeting of shareholders of the Issuer.

SEC source: 0001654954-18-009160 · section16.xml · nonDerivative · entry 1

Berning Jacob J · CIK 0001627511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,126

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest on the day immediately preceding the date of the next annual meeting of shareholders of the Issuer.

SEC source: 0001654954-18-009158 · section16.xml · derivative · entry 2

Jagerson Jeffrey A · CIK 0001712798 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,570

Underlying: Common Stock · 13,570 shares

Expires 2028-08-10

F2 · derivative.exercise_date: Award scheduled to vest in three substantially equal installments on August 10, 2020, 2021 and 2022.

SEC source: 0001654954-18-009158 · section16.xml · nonDerivative · entry 1

Jagerson Jeffrey A · CIK 0001712798 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 95,570

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest and settle in three substantially equal installments on August 10, 2020, 2021 and 2022.

SEC source: 0001654954-18-009155 · section16.xml · derivative · entry 2

Glancy Kristine A · CIK 0001672376 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,985

Underlying: Common Stock · 53,985 shares

Expires 2028-08-10

F2 · derivative.exercise_date: Award scheduled to vest in three equal installments on August 10, 2020, 2021 and 2022.

SEC source: 0001654954-18-009155 · section16.xml · nonDerivative · entry 1

Glancy Kristine A · CIK 0001672376 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 218,941

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest and settle in three equal installments on August 10, 2020, 2021 and 2022.

SEC source: 0001654954-19-001937 · section16.xml · nonDerivative · entry 1

Unterseher Loren A · CIK 0001741560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,242

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2018 Equity Incentive Plan and scheduled to vest on the date immediately preceding the date of the next annual meeting of shareholders of the Issuer.

F2 · balance_after: Report amended solely to correct a clerical error in the originally reported amount of securities beneficially owned following reported transaction.

SEC source: 0000353184-18-000043 · primary_doc.xml · nonDerivative · entry 2

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,501,014

F3 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.919 to $1.920. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000043 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,482,592

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.859 to $1.860. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0001654954-18-008542 · section16.xml · nonDerivative · entry 3

Unterseher Loren A · CIK 0001741560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,550

SEC source: 0001654954-18-008542 · section16.xml · nonDerivative · entry 2

Unterseher Loren A · CIK 0001741560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,073

SEC source: 0001654954-18-008542 · section16.xml · nonDerivative · entry 1

Unterseher Loren A · CIK 0001741560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,950

SEC source: 0001654954-18-007410 · section16.xml · derivative · entry 1

Zenz Steven R · CIK 0001589558 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,917

Underlying: Common Stock · 1,917 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-18-007408 · section16.xml · derivative · entry 1

Berning Jacob J · CIK 0001627511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,141

Underlying: Common Stock · 4,141 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-18-006665 · section16.xml · nonDerivative · entry 1

Jagerson Jeffrey A · CIK 0001712798 · CFO and Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,000

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2013 Omnibus Stock and Incentive Plan and scheduled to vest and settle in three substantially equal installments on June 13, 2019, 2020 and 2021.

SEC source: 0001654954-18-006663 · section16.xml · nonDerivative · entry 1

Glancy Kristine A · CIK 0001672376 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 164,956

F1 · shares: Restricted stock units, each representing a contingent right to receive one share of Issuer common stock, granted under the Insignia Systems, Inc. 2013 Omnibus Stock and Incentive Plan and scheduled to vest and settle in three substantially equal installments on June 13, 2019, 2020 and 2021.

SEC source: 0001654954-18-006412 · section16.xml · nonDerivative · entry 1

Glancy Kristine A · CIK 0001672376 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,956

SEC source: 0001654954-18-006662 · section16.xml · nonDerivative · entry 1

Glancy Kristine A · CIK 0001672376 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,956

F1 · kind: This amendment is being filed solely to correct the Transaction Code in column 3.

SEC source: 0000353184-18-000042 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,476,014

F1 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000041 · primary_doc.xml · nonDerivative · entry 2

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,473,363

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000041 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,472,610

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.8 to $1.809. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000040 · primary_doc.xml · nonDerivative · entry 2

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,471,014

F2 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.8 to $1.83. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F1 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000040 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,455,556

F1 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000039 · primary_doc.xml · nonDerivative · entry 2

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,454,135

F1 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000039 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,451,014

F1 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000038 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,448,714

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.849 to $1.850. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000037 · primary_doc.xml · nonDerivative · entry 2

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,431,014

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.685 to $1.75. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000037 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,418,961

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000036 · primary_doc.xml · nonDerivative · entry 2

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,416,114

F2 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.63 to $1.64. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F3 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000036 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,413,114

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.55 to $1.62. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F3 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0001654954-18-005372 · section16.xml · nonDerivative · entry 1

Glancy Kristine A · CIK 0001672376 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,556

F1 · balance_after: Includes 10,000 shares acquired December 31, 2017 pursuant to issuer's employee stock purchase plan.

SEC source: 0000353184-18-000029 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,391,014

F1 · price: The price in Column 4 is a weighted average price. The prices actually paid ranged from $1.62 to $1.65 The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

F2 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0000353184-18-000027 · primary_doc.xml · nonDerivative · entry 1

AIR T INC · CIK 0000353184 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,370,816

F1 · ownership.direct: The Reporting Person may be deemed to be a member of a Section 13(d) group disclosed in a Schedule 13D filed on behalf of the Reporting Person and the other members of such group on August 18, 2014. The Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of this Section 13(d) group except to the extent of its pecuniary interest therein. The securities reported herein do not include any securities held by the other members of this Section 13(d) group, as such shares have been reported in a separate form filing under Section 16.

SEC source: 0001654954-18-003590 · section16.xml · derivative · entry 1

Zenz Steven R · CIK 0001589558 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 949

Underlying: Common Stock · 949 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

SEC source: 0001654954-18-003588 · section16.xml · derivative · entry 1

Berning Jacob J · CIK 0001627511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,266

Underlying: Common Stock · 1,266 shares

Expires not disclosed

F1 · derivative.exercise_price: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.exercise_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.

F1 · derivative.expiration_date: Each Common Stock Equivalent is the economic equivalent of one share of Insignia Systems, Inc. common stock. The Common Stock Equivalents were acquired pursuant to the Insignia Systems, Inc. Deferred Compensation Plan for Directors (the "Plan"), whereby Directors may elect to defer receipt of cash fees. The Common Stock Equivalents will be settled (i) in Insignia Systems, Inc. common stock upon a separation from service with the Company or (ii) in cash upon an earlier change in control of the Company.