UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 Obligations may continue.
See Instruction 1(b).
1. Name and Address of Reporting Person:
HANSON, PAUL N.
213 MAIN STREET S
HECTOR, MN 55342
USA
2. Issuer Name and Ticker or Trading Symbol
COMMUNICATIONS SYSTEMS, INC.
JCS
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
FEBRUARY, 2003
5. If Amendment, Date of Original (Month/Year)
N/A
6. Relationship of Reporting Person(s) to Issuer (Check all Applicable):
( ) Director
( ) 10% Owner
(X) Officer (give title below)
( ) Other (specify below)
VICE PRESIDENT, TREASURER
7. Individual of Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by more than One Reporting Person
------------------------------------------------------------------------------------------------------------------------------------
Table I - Non-derivative Securities Acquired, Disposed of, or Beneficially Owned
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Transaction 3. Transaction 4. Securities 5. Amount of 6. Ownership 7. Nature of
Date Code Acquired (A) or Securities Form: Direct Indirect
Disposed of (D) Beneficialy Owned (D) or Beneficial
at End of Month Indirect (I) Ownership
---------------
(A)
or
Code V Amount (D) Price
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 74,398 D
2/11/2003 A 268.014 A 11,163.336 I ESOP*
1,411 I Spouse
*Acquired pursuant to Communications Systems, Inc. Employee Stock
Ownership Plan and Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
------------------------------------------------------------------------------------------------------------------------------------
1.Title of 2.Conver- 3.Trans- 4.Trans- 5.Number of 6.Date 7.Title and 8.Price 9.Number of 10.Ownership 11.Nature of
Derivative sion or action action Derivative Exercis- Amount of of Derivative Form of Indirect
Security Exercise Date Code Securities able and Underlying Deriva Securities Derivative Beneficial
Price of Acquired Expira- Securities tive Beneficially Securities Ownership
Deriv- (A) or tion Security Owned at Beneficially
ative Disposed Date End of Owned at
Security of (D) Month End of
Month
------------------------------------------------
Amount
Date or
Exer- Expir Number
cis- ation of
Code V (A) (D) able Date Title Shares
------------------------------------------------------------------------------------------------------------------------------------
Common N/A
Explanation of Responses:
Signature of Reporting Person
/s/ PAUL N. HANSON
Date
FEBRUARY 13, 2003