UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549-1004

 

FORM 8-K/A

 

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

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report:

May 27, 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)

 

 

 
 

 

EXPLANTORY NOTE

 

The Company is filing this Form 8-K/A to change the total amount of share purchases to date to $12,998,242, and to change the maximum share purchase amount from $15,000,000 to $20,000,000 as previously approved by the Board.

  

Item 8.01. Other Events.

 

Since May 27, 2011, the Company has made the following purchases pursuant to its Share Repurchase Plan.

 

Purchase Date   Shares Purchased   Per Share Purchase Price
             
May 27, 2011     1,848     $ 4. 33
June 9, 2011     5,000     $ 4. 11
June 10, 2011     1,600     $ 4. 11
June 16, 2011     50,000     $ 3. 85

 

Together with these purchases, the Company has now purchased a total 2,038,284 shares totaling $12,998,242. As previously announced, the Share Repurchase Plan authorizes the Company to purchase up to $20,000,000 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:     June 20, 2011 By   /s/ Scott F. Drill
    Scott F. Drill, President and Chief Executive Officer