insignia111688_8k.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549-1004

 

FORM 8-K

 

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report:

March 24, 2011

 

INSIGNIA SYSTEMS, INC.

(Exact name of registrant as specified in its chapter)

 

Minnesota

1-13471

41-1656308

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

 

 

 

8799 Brooklyn Blvd., Minneapolis, Minnesota

55445

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code  (763) 392-6200

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4c under the Exchange Act (17 CFR 240.13e-4c)

 

 

 

 

Item 8.01.   Other Events.

 

Since March 24, 2011, the Company has made the following purchases pursuant to its Share Repurchase Plan.

 

Purchase Date

Shares Purchased

Per Share Purchase Price

March 24, 2011

6,972

 

$ 6.8231

March 25, 2011

25,930

 

$ 6.8997

March 28, 2011

400,000

 

$ 6.75    

March 29, 2011

26,479

 

$ 6.7498

March 30, 2011

26,380

 

$ 6.9822

 

 

Together with these purchases, the Company has now purchased a total 1,555,204 shares totaling $10,392,009.70. As previously announced, the Share Repurchase Plan authorizes the Company to purchase up to $15,000,000 of its common stock on or before January 31, 2012.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Insignia Systems, Inc.

 

(Registrant)

 

 

 

Date:    March 30, 2011

By 

/s/ Scott F. Drill

 

 

Scott F. Drill, President and Chief Executive Officer