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. CSII 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 09/18/2002 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 9/18/2002 T 1,568 A $5.253 74,798 D 10,895.32 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 SEPTEMBER 19, 2002