<html><body><div><div style="font-family: 'times new roman', times; font-size: 10pt;">
<p style="margin-top: 0pt; margin-bottom: 0pt; widows: 0; orphans: 0; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 6pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">As filed with the Securities and Exchange Commission on </font><font style="font-family: 'Times New Roman';">May 21, 2021</font><font style="font-family: 'Times New Roman';">.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Registration No. 333-__________</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div align="center"><hr size="2" align="center" style="width: 100%;"></hr></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">UNITED STATES</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">SECURITIES AND EXCHANGE COMMISSION</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Washington, D.C.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> 20549</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 40%; margin-left: auto; margin-right: auto;" width="40%">

<tr>
<td style="width: 100%; border-top: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 6.25pt; padding-left: 6.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">FORM S-8</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">REGISTRATION STATEMENT UNDER</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">THE SECURITIES ACT OF 1933</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Image Sensing Systems</font><font style="font-family: 'Times New Roman'; font-weight: bold;">, Inc.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(Exact name of registrant as specified in its charter)</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="width: 50%; padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Minnesota</font></p>
</td>
<td style="width: 50%; padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">41-1519168</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(State or other jurisdiction of</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(I.R.S. Employer Identification No.)</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">incorporation or organization)</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: bottom;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">400 Spruce Tree Centre, 1600 University Avenue West, St. Paul, MN</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: bottom;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">55104</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(Address of principal executive offices)</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Zip Code)</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Image Sensing Systems, Inc. 2014 Stock Option and Incentive Plan </font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(Full title of the plan)</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="width: 50%; padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Chad A. Stelzig</font></p>
</td>
<td style="width: 50%; padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Copy to:</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">President and Chief Executive Officer</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Michele D. Vaillancourt</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Imaging Sensing Systems, Inc.</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Winthrop &amp; Weinstine, P.A.</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">400 Spruce Tree Centre</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">225 South Sixth Street</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">1600 University Avenue West</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Suite 3500</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">St. Paul, Minnesota 55104</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Minneapolis, Minnesota 55402</font></p>
</td>
</tr>
<tr>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(Name and address of agent for service)</font></p>
</td>
<td style="padding: 0.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Telephone: (612) 604-6400</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">(651) 603-7700</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(Telephone number, including area code, of agent for service)</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company,&#8221; and &#8220;emerging growth company&#8221; in Rule</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">12b-2 of the Exchange Act. </font></p>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Large accelerated filer</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Segoe UI Symbol';">&#9744;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Accelerated filer</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Segoe UI Symbol';">&#9744;</font></p>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Non-accelerated filer</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Segoe UI Symbol';"><font style="color: #000000; font-family: 'Segoe UI Symbol'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">&#9746;</font></font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Smaller reporting company</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Segoe UI Symbol';">&#9746;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Emerging growth company</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Segoe UI Symbol';">&#9744;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Segoe UI Symbol';">&#9744;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<p style="margin-top: 10pt; margin-bottom: 10pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<p style="margin-top: 5pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">CALCULATION OF REGISTRATION FEE</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="margin-left: 0.9pt; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="width: 100.1pt; border-top: 2.25pt double #000000; border-bottom: 0.75pt solid #000000; padding-right: 0.25pt; padding-left: 0.25pt; padding-bottom: 0.03pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Title of</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">s</font><font style="font-family: 'Times New Roman'; font-weight: bold;">ecurities</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">to be</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">r</font><font style="font-family: 'Times New Roman'; font-weight: bold;">egistered</font></p>
</td>
<td style="width: 106.95pt; border-top: 2.25pt double #000000; border-left: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 0.25pt; padding-left: 0.03pt; padding-bottom: 0.03pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Amount</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">to be</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">r</font><font style="font-family: 'Times New Roman'; font-weight: bold;">egistered (1)</font></p>
</td>
<td style="width: 79.25pt; border-top: 2.25pt double #000000; border-left: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 0.25pt; padding-left: 0.03pt; padding-bottom: 0.03pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Proposed</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">m</font><font style="font-family: 'Times New Roman'; font-weight: bold;">aximum</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">o</font><font style="font-family: 'Times New Roman'; font-weight: bold;">ffering</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">p</font><font style="font-family: 'Times New Roman'; font-weight: bold;">rice</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">per s</font><font style="font-family: 'Times New Roman'; font-weight: bold;">hare (2)</font></p>
</td>
<td style="width: 92.95pt; border-top: 2.25pt double #000000; border-left: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 0.25pt; padding-left: 0.03pt; padding-bottom: 0.03pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Proposed</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">m</font><font style="font-family: 'Times New Roman'; font-weight: bold;">aximum</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">a</font><font style="font-family: 'Times New Roman'; font-weight: bold;">ggregate</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">o</font><font style="font-family: 'Times New Roman'; font-weight: bold;">ffering</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">p</font><font style="font-family: 'Times New Roman'; font-weight: bold;">rice</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">(2)</font></p>
</td>
<td style="width: 97.15pt; border-top: 2.25pt double #000000; border-left: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 0.25pt; padding-left: 0.03pt; padding-bottom: 0.03pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">Amount of</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">r</font><font style="font-family: 'Times New Roman'; font-weight: bold;">egistration</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">f</font><font style="font-family: 'Times New Roman'; font-weight: bold;">ee</font></p>
</td>
</tr>
<tr>
<td style="width: 100.1pt; border-top: 0.75pt solid #000000; border-bottom: 1pt solid #000000; padding-top: 0.03pt; padding-right: 0.25pt; padding-left: 0.25pt; vertical-align: top;">
<p style="margin-top: 6pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Common stock,</font><br><font style="font-family: 'Times New Roman';">$0.01 par value</font></p>
</td>
<td style="width: 106.95pt; border-top: 0.75pt solid #000000; border-left: 0.75pt solid #000000; border-bottom: 1pt solid #000000; padding-top: 0.03pt; padding-right: 0.25pt; padding-left: 0.03pt; vertical-align: top;">
<p style="margin-top: 6pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">120,000 shares</font></p>
</td>
<td style="width: 79.25pt; border-top: 0.75pt solid #000000; border-left: 0.75pt solid #000000; border-bottom: 1pt solid #000000; padding-top: 0.03pt; padding-right: 0.25pt; padding-left: 0.03pt; vertical-align: top;">
<p style="margin-top: 6pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: &quot;Times New Roman&quot;;">$7.08</font></p>
</td>
<td style="width: 92.95pt; border-top: 0.75pt solid #000000; border-left: 0.75pt solid #000000; border-bottom: 1pt solid #000000; padding-top: 0.03pt; padding-right: 0.25pt; padding-left: 0.03pt; vertical-align: top;">
<p style="margin-top: 6pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: &quot;Times New Roman&quot;;">$849,600</font></p>
</td>
<td style="width: 97.15pt; border-top: 0.75pt solid #000000; border-left: 0.75pt solid #000000; border-bottom: 1pt solid #000000; padding-top: 0.03pt; padding-right: 0.25pt; padding-left: 0.03pt; vertical-align: top;">
<p style="margin-top: 6pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: &quot;Times New Roman&quot;;">$92.69</font></p>
</td>
</tr>
<tr>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="width: 5%; padding: 1pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(1)</font></p>
</td>
<td style="width: 95%; padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">As of May 21, 2021, the number of shares being registered consists of 120,000 shares of common stock reserved for issuance under the Image Sensing Systems,</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">Inc</font><font style="font-family: 'Times New Roman';">. 2014 Stock Option and Incentive Plan.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Pursuant to Rule 461 under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), this Registration Statement also covers any additional shares of common stock of Image Sensing Systems,</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">Inc</font><font style="font-family: 'Times New Roman';">. (the &#8220;Company&#8221;) that become issuable under the Image Sensing Systems,</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">Inc</font><font style="font-family: 'Times New Roman';">. 2014 Stock Option and Incentive Plan by reason of any stock dividend, stock split, recapitalization, or other similar transaction effected without the receipt of consideration that results in an increase in the number of the outstanding shares of common stock of the Company. In addition, each share of common stock includes one preferred stock purchase right.</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="width: 5%; padding: 1pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(2)</font></p>
</td>
<td style="width: 95%; padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) under the Securities Act on the basis of $7.08&nbsp;per share, which was the average of the high and low prices for a share of the Company&#8217;s common stock on May 18, 2021, as reported on the</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">Nasdaq</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">Capital Market.</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 1pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; line-height: 112%; widows: 0; orphans: 0; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
&#8203;
<table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-left: 0.1px; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="TOC"></a></font>
<h4 style="vertical-align: middle; text-align: center;"><font style="font-family: 'times new roman', times; font-size: 10pt;">TABLE OF CONTENTS</font></h4>
</td>
<td style="width: 3.92478%;"><br></td>
</tr>
<tr>
<td style="width: 7.27719%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba14_FN8Z261ZHC00000000000000000000">PART I</a></font></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba14_FN8Z261ZHC00000000000000000000">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">1</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba2_D2C5LKRLPS00000000000000000000">Item 1.&nbsp; Plan Information.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">1</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba3_4J7OOU22U800000000000000000000">Item 2.&nbsp; Registrant Information and Employee Plan Annual Information.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">1</td>
</tr>
<tr>
<td style="width: 7.27719%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba15_RHHWRI1S5C00000000000000000000">PART II</a></font></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba15_RHHWRI1S5C00000000000000000000">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">1</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba5_WVYOTARS2O00000000000000000000">Item 3.&nbsp; Incorporation of Documents by Reference.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">1</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba6_B1Y171QBQ800000000000000000000">Item 4.&nbsp; Description of Securities.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">2</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba7_83FQBQ8BEO00000000000000000000">Item 5.&nbsp; Interests of Named Experts and Counsel.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">2</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba8_IAXCK9HVC000000000000000000000">Item 6.&nbsp; Indemnification of Directors and Officers.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">3</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba9_X38LXJ0KWW00000000000000000000">Item&nbsp;7.&nbsp; Exemption from Registration Claimed.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">3</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba10_N0ED1WAK4W00000000000000000000">Item 8.&nbsp; Exhibits.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">4</td>
</tr>
<tr>
<td style="width: 7.27719%;"><br></td>
<td style="width: 88.6345%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba11_YYO8RY9HZK00000000000000000000">Item 9.&nbsp; Undertakings.</a></font></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">4</td>
</tr>
<tr>
<td style="width: 7.27719%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba12_VX3RMGY38G00000000000000000000">SIGNATURES</a></font></td>
<td style="width: 88.6345%;"><br></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">6</td>
</tr>
<tr>
<td style="width: 7.27719%;"><font style="font-family: 'times new roman', times; font-size: 10pt;"><a href="#Ba13_C6746P2EPS00000000000000000000">Exhibit Index</a></font></td>
<td style="width: 88.6345%;"><br></td>
<td class="bmpageno" style="text-align: right; width: 3.92478%;">8</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;"><br></font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;"><br></font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><br></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; line-height: 112%; font-size: 10pt; text-align: center;"><font style="font-family: 'Times New Roman';">&nbsp;</font><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba14_FN8Z261ZHC00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PART I</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</font></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">The information specified in Items 1 and 2 of Part I of the Registration Statement on Form S-8 is omitted from this Registration Statement in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), and the introductory note to Part I of Form S-8.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> The documents containing the information specified in this Part I will be sent or given to employees of Image Sensing Systems, Inc. (the &#8220;Company&#8221;) as specified by Rule 428(b)(1) under the Securities Act.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Such documents and the documents incorporated by reference in this Registration Statement on Form S-8 pursuant to Item 3 of Part II of this form, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.&nbsp; &nbsp;&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba2_D2C5LKRLPS00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 1.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Plan Information</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba3_4J7OOU22U800000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 2.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Registrant Information and Employee Plan Annual Information</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; text-align: center;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba15_RHHWRI1S5C00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PART II</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba5_WVYOTARS2O00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 3.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Incorporation of Documents by Reference</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><br></font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">The Company hereby incorporates by reference into this Registration Statement on Form S-8 the following documents previously filed by the Company with the Securities and Exchange Commission (the &#8220;SEC&#8221;):</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">a.</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;"> </font><font style="font-family: 'Times New Roman';">The description of the Company&#8217;s securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), contained in Exhibit 4(vi) to the Company&#8217;s Annual Report on Form 10-K</font><font style="font-family: 'Times New Roman';">&nbsp;filed with the SEC on March 11, 2021 (File No. 001-35959)</font><font style="font-family: 'Times New Roman';">;</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">b.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">The description of the Company&#8217;s preferred stock purchase rights contained in the Company&#8217;s Form 8-A dated June 6, 2013 filed with the SEC on June 6, 2013 (File No. 001-35959), as amended by the Company&#8217;s Form 8-A/A (Amendment No. 1) filed with the SEC on August 23, 2016 (File No. 001-35959), the Company's Form 8-A/A (Amendment No. 2) filed with the SEC on March 12, 2018 (File No. 001-35959) and the Company's Form 8-A/A (Amendment No. 3) filed with the SEC on June 4, 2020 (File No. 001-35959);</font></font></p>
<p style="margin: 0pt 0pt 10.83pt 35pt; text-indent: 0pt; font-size: 10pt;">c.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;The Company's Current Report on Form 8-K filed with the SEC on January 8, 2021 reporting information under Item 3.01 (File No. 001-35959), solely to the extent filed and not furnished;</p>
<p style="margin: 0pt 0pt 10.83pt 35pt; text-indent: 0pt; font-size: 10pt;">d.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;The Company's Current Report on Form 8-K filed with the SEC on February 8, 2021 reporting information under Item 1.02 (File No. 001-35959), solely to the extent filed and not furnished;</p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">e.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">The Company's Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on March 11, 2021 (File No. 001-35959);</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">f.</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;"> </font><font style="font-family: 'Times New Roman';">The Company&#8217;s definitive Proxy Statement filed with the SEC on March 18, 2021 (File No. 001-35959); </font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">g.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">The Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 filed with the SEC on May 3, 2021;</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">h.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">The Company's Current Report on Form 8-K filed with the SEC on May 5, 2021 reporting information under Item 5.07 (File No. 001-35959), solely to the extent filed and not furnished;</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">i.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; The Company's Current Report on Form 8-K filed with the SEC on May 10, 2021 reporting information under Item 5.02 (File NO. 001-35959), solely to the extent filed and not furnished; and</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">j.</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 7pt;"> </font><font style="font-family: 'Times New Roman';">All other reports filed (but not furnished) by the Company pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year ended December 31, 2020 and before filing of a post-effective amendment which indicates that all securities offered by this registration statement have been sold or which deregisters&nbsp;all such securities then remaining to be sold.</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>1</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 6pt; widows: 0; orphans: 0; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> All documents filed by the Company pursuant to Sections</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">13(a), 13(c), 14 and 15(d) of the Exchange Act after the effective date of this Registration Statement and before the filing of a post</font><font style="font-family: 'Times New Roman';">&#8209;</font><font style="font-family: 'Times New Roman';">effective amendment to this Registration Statement which indicates that all securities offered hereby have been sold or which deregisters all such securities then remaining unsold (excluding, however, any portion of such documents not deemed to be &#8220;filed&#8221; with the SEC pursuant to the rules of the SEC) shall be deemed to be incorporated by reference into this registration statement and to be a part hereof from the date of filing of such documents.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> In no event, however, will any information that the Company discloses under Item 2.02 or Item 7.01 of any Current Report on Form 8-K that the Company may from time to time furnish to the SEC be incorporated by reference into, or otherwise become a part of, this Registration Statement, unless otherwise indicated therein. Any statement contained in any document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed to constitute a part of this Registration Statement, except as so modified or superseded.</font></p>
<div style="margin-top: 0pt; margin-bottom: 12pt; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba6_B1Y171QBQ800000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 4.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Description of Securities</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">The shares of the Company&#8217;s common stock and the accompanying preferred stock purchase rights offered pursuant to this Registration Statement are registered under Section 12(b) of the Exchange Act.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> The description of the Company&#8217;s common stock is incorporated by reference pursuant to Item 3.a. and Item 3.b. above.&nbsp;&nbsp;</font></p>
<div style="margin: 0pt 0pt 16pt; text-indent: 0pt; font-size: 10pt; text-align: left;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba7_83FQBQ8BEO00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 5.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Interests of Named Experts and Counsel</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Not applicable.</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>2</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba8_IAXCK9HVC000000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 6.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Indemnification of Directors and Officers</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><br></font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Section</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">302A.521, Subdivision 2, of the Minnesota Business Corporation Act (the &#8220;MBCA&#8221;) provides that unless prohibited or limited by a corporation&#8217;s articles of incorporation or bylaws, the Company must indemnify a person made or threatened to be made a party to a proceeding by reason of the former or present official capacity of the person against judgments, penalties, fines, including, without limitation, excise taxes assessed against the person with respect to an employee benefit plan, settlements, and reasonable expenses, including attorneys&#8217; fees and disbursements, incurred by the person in connection with the proceeding if, with respect to the acts or omissions of the person complained of in the proceeding, the person: (1)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">has not been indemnified by another organization or employee benefit plan for the same judgments, penalties, fines, including, without limitation, excise taxes assessed against the person with respect to an employee benefit plan, settlements, and reasonable expenses, including attorneys&#8217; fees and disbursements, incurred by the person in connection with the proceeding with respect to the same acts or omissions; (2)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">acted in good faith; (3)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">received no improper personal benefit and Section 302A.255 of the MBCA (which describes the procedure to be followed in approving contracts or other transactions involving a director conflict of interest), if applicable, has been satisfied; (4)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">in the case of a criminal proceeding, had no reasonable cause to believe the conduct was unlawful; and (5)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">reasonably believed that the conduct was in the best interests of the corporation or was not opposed to the best interests of the corporation.&nbsp;&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Section</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">302A.521, Subdivision 7, of the MBCA permits a corporation to purchase and maintain insurance on behalf of a person in that person&#8217;s official capacity against any liability asserted against and incurred by the person in or arising from that capacity, whether or not the corporation would have been required to indemnify the person against the liability under the provisions of Section 302A.521 of the MBCA.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> The Company maintains officers&#8217; and directors&#8217; liability insurance for the benefit of its officers and directors.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Section 302A.521, Subdivision 1(c), of the MBCA defines &#8220;official capacity&#8221; as (i) with respect to a director, the position of director in a corporation, (ii) with respect to a person other than a director, the elective or appointive office or position held by an officer, member of a committee of the board, or the employment relationship undertaken by an employee of the corporation, and (iii) with respect to a director, officer, or employee of the corporation who, while a director, officer, or employee of the corporation, is or was serving at the request of the corporation or whose duties in that position involve or involved service as a director, officer, partner, trustee, governor, manager, employee, or agent of another organization or employee benefit plan, the position of that person as a director, officer, partner, trustee, governor, manager, employee, or agent, as the case may be, of the other organization or employee benefit plan.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> Section 302A.521, Subdivision 1(d), of the MBCA defines &#8220;proceeding&#8221; as a threatened, pending, or completed civil, criminal, administrative, arbitration, or investigative proceeding, including a proceeding by or in the right of the corporation.</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Section 7 of Article</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">III of the Company&#8217;s Bylaws provides that the Company shall indemnify any person (including any present or future director or officer, or the heirs or legal representatives of any such director or officer) made, or threatened to be made, a party to any action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he, his testator or intestate, is or was a director or officer of the corporation or serves any other corporation in any capacity at the request of the corporation, and the corporation may advance his related expenses, in the manner and to the full extent as provided by the laws of the State of Minnesota in such case made and provided and as otherwise permitted by law. </font></p>
<div style="margin: 0pt 0pt 16pt; text-indent: 0pt; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba9_X38LXJ0KWW00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-weight: bold;">Item</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;7.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Exemption from Registration Claimed</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Not applicable.</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>3</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba10_N0ED1WAK4W00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 8.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Exhibits</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"><br></font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; text-indent: 36pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">The exhibits to this Registration Statement on Form S-8 are described on the Exhibit Index in this Registration Statement on Form S-8, which is incorporated herein by reference.</font></p>
<div style="margin: 0pt 0pt 16pt; text-indent: 0pt; text-align: justify; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba11_YYO8RY9HZK00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 9.</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;"> Undertakings</font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">.</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 12pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">(a)</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">Rule 415 Offering.</font></p>
<p style="margin-top: 0pt; margin-bottom: 12pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> The undersigned registrant hereby undertakes:</font></p>
<p style="margin-top: 0pt; margin-left: 61.2pt; margin-bottom: 12pt; text-indent: -25.2pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(1)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">To file, during any period in which offers or sales are being made, a post</font><font style="font-family: 'Times New Roman';">&#8209;</font><font style="font-family: 'Times New Roman';">effective amendment to this registration statement:</font></p>
<p style="margin-top: 0pt; margin-left: 82.8pt; margin-bottom: 12pt; text-indent: -21.6pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(i)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">To include any prospectus required by Section</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">10(a)(3) of the Securities Act of 1933;</font></p>
<p style="margin-top: 0pt; margin-left: 82.8pt; margin-bottom: 12pt; text-indent: -21.6pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(ii)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the &#8220;Calculation of Registration Fee&#8221; table in the effective Registration Statement; and</font></p>
<p style="margin-top: 0pt; margin-left: 82.8pt; margin-bottom: 12pt; text-indent: -21.6pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(iii)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">To include any material information with respect to the plan of distribution not previously described in the registration statement or any material change to such information in the registration statement.</font></p>
<p style="margin-top: 0pt; margin-bottom: 6pt; widows: 0; orphans: 0; font-size: 10pt;"><font style="width: 36pt; display: inline-block;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-style: italic;">Provided, however</font><font style="font-family: 'Times New Roman';">, that (A) paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration Statement.</font></p>
<p style="margin-top: 0pt; margin-left: 61.2pt; margin-bottom: 12pt; text-indent: -25.2pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(2)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">That, for the purpose of determining any liability under the Securities Act of 1933, each post</font><font style="font-family: 'Times New Roman';">&#8209;</font><font style="font-family: 'Times New Roman';">effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial </font><font style="font-family: 'Times New Roman'; font-style: italic;">bona fide</font><font style="font-family: 'Times New Roman';"> offering thereof.</font></p>
<p style="margin-top: 0pt; margin-left: 61.2pt; margin-bottom: 12pt; text-indent: -25.2pt; widows: 0; orphans: 0; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(3)</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>4</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">(</font><font style="font-family: 'Times New Roman'; font-weight: bold;">b)</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">Filings Incorporating Subsequent Exchange Act Documents by Reference.</font></p>
<p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 12pt; widows: 0; orphans: 0; font-size: 10pt;"><font style="font-family: 'Times New Roman';">The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant&#8217;s annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan&#8217;s annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial </font><font style="font-family: 'Times New Roman'; font-style: italic;">bona fide</font><font style="font-family: 'Times New Roman';"> offering thereof.</font></p>
<p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 12pt; text-indent: -36pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">(h)</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font><font style="font-family: 'Times New Roman'; font-weight: bold;">Request for Acceleration of Effective Date or Filing of Registration Statement Becoming Effective Upon Filing.</font></p>
<p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 12pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>5</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; text-align: center;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba12_VX3RMGY38G00000000000000000000" class="customBookmark"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SIGNATURES</font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S</font><font style="font-family: 'Times New Roman';">&#8209;</font><font style="font-family: 'Times New Roman';">8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Paul, State of Minnesota on May 21, 2021.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr>
<td style="width: 60%; padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 40%; padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Image Sensing Systems,</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">Inc</font><font style="font-family: 'Times New Roman';">.</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 12.75pt;">
<td style="width: 60%; padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 40%; padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">By:</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;"> /s/</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">Chad A.</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">Stelzig</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Chad A.</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">Stelzig</font></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">President and Chief Executive Officer</font></p>
</td>
</tr>
<tr style="height: 12.75pt;">
<td style="padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="padding: 1pt; vertical-align: middle;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">(Principal Executive Officer)</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>6</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';"> </font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">POWER OF ATTORNEY</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Each person whose signature appears below hereby constitutes and appoints Chad A. Stelzig</font><font style="font-family: 'Times New Roman'; font-weight: bold;"> </font><font style="font-family: 'Times New Roman';">and Frank G. Hallowell, each of whom may act individually, as such person&#8217;s true and lawful attorney-in-fact and agent with full power of substitution and re substitution for such person and in such person&#8217;s name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 36pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt;" width="100%">

<tr style="height: 34.5pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold; text-decoration: underline;">Signature</font></p>
<p style="margin-top: 4.5pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold;">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold; text-decoration: underline;">Title</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; font-weight: bold; text-decoration: underline;">Date</font></p>
</td>
</tr>
<tr style="height: 36.75pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/s/ Andrew T. Berger</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Andrew T. Berger</font><br><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Executive Chairman of the Board of Directors</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">May 21, 2021</font></p>
</td>
</tr>
<tr style="height: 47.25pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/s/ James W. Bracke</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">James W. Bracke</font></p>
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Director</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">May 21, 2021</font></p>
</td>
</tr>
<tr style="height: 48pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">s/ Paul F. Lidsky</font><font style="width: 1.43pt; display: inline-block; -aw-font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Paul F. Lidsky</font></p>
<p style="margin-top: 0pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Director</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">May 21, 2021</font></p>
</td>
</tr>
<tr style="height: 48pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/s/ Geoffrey C</font><font style="font-family: 'Times New Roman'; text-decoration: underline;">.</font><font style="font-family: 'Times New Roman'; text-decoration: underline;"> Davis</font></p>
<p style="margin-top: 0pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Geoffrey C. Davis</font></p>
<p style="margin-top: 0pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Director</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">May 21, 2021</font></p>
</td>
</tr>
<tr style="height: 47.25pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/s/ Joseph P. Daly</font><font style="width: 0.33pt; display: inline-block; -aw-font-family: 'Times New Roman';">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Joseph P. Daly</font></p>
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Director</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">May 21, 2021</font></p>
</td>
</tr>
<tr>
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin: 4.5pt 0px 0pt; color: #000000; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/s/ Brian J. VanDerBosch</font><font style="width: 0.33pt; display: inline-block;">&nbsp;</font></p>
<p style="margin: 0pt 0px 2.7pt; color: #000000; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><font style="font-family: 'Times New Roman';">Brian J. VanDerBosch</font></p>
<p style="margin: 4.5pt 0px 0pt; color: #000000; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;"><br></td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Director</font></td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; margin-left: 0.1px; text-align: center; vertical-align: top;"><font style="color: #000000; font-family: 'Times New Roman'; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: center; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">May 21, 2021</font></td>
</tr>
<tr style="height: 45pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/s/ Chad A. Stelzig</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Chad A. Stelzig</font></p>
<p style="margin-top: 0pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 0pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">President and Chief Executive Officer (Principal Executive Officer)</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">May 21, 2021</font></p>
</td>
</tr>
<tr style="height: 47.25pt;">
<td style="width: 157pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">/s/ Frank G. Hallowell</font></p>
<p style="margin-top: 4.5pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Frank G. Hallowell&nbsp;</font><br><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 18.15pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
</td>
<td style="width: 184.25pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)</font></p>
</td>
<td style="width: 106.55pt; padding: 0.25pt 3.25pt; vertical-align: top;">
<p style="margin-top: 4.5pt; margin-bottom: 2.7pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">May 21, 2021</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; line-height: 112%; widows: 0; orphans: 0; font-size: 12pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; line-height: 112%; widows: 0; orphans: 0; font-size: 12pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>7</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr>
<div class="pageBreak" style="page-break-before: always; font-size: 10pt; text-align: left;"><br></div>
</div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><a style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;" href="#" name="Ba13_C6746P2EPS00000000000000000000" class="customBookmark"><font><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Exhibit Index</font></font></a></div>
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&nbsp;</font></p>
<table cellspacing="0" cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 455px; width: 100%;" width="100%">

<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">Exhibit No</font><font style="font-family: 'Times New Roman';">.</font></p>
</td>
<td style="width: 87.1724%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman'; text-decoration: underline;">Description</font></p>
</td>
</tr>
<tr style="height: 13px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 13px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">3(i).1*</font></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 13px; text-align: left;">
<p style="margin-top: 0pt; margin-left: 3.6pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Restated Articles of Incorporation of the Company, incorporated by reference to Exhibit 3.1 to the Company&#8217;s Registration Statement on Form SB</font><font style="font-family: 'Times New Roman';">&#8209;</font><font style="font-family: 'Times New Roman';">2 (Registration No. 33</font><font style="font-family: 'Times New Roman';">&#8209;</font><font style="font-family: 'Times New Roman';">90298C) filed on March 15, 1995, as amended (Registration Statement).</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 19px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000095013701502983/c64414ex3-2.txt" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">3(i).2</font></a></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 19px; text-align: left;">
<p style="margin-top: 0pt; margin-left: 3.6pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000095013701502983/c64414ex3-2.txt" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Articles of Amendment to Articles of Incorporation of ISS, incorporated by reference to Exhibit 3.2 to the Company&#8217;s Quarterly Report on Form 10</font><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">&#8209;</font><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">QSB for the quarter ended June 30, 2001 (File No. 0-26056).</font></a></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 23px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 23px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710113000882/image132675_ex3-1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">3(i).3</font></a></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 23px; text-align: left;">
<p style="margin-top: 0pt; margin-left: 3.6pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710113000882/image132675_ex3-1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Certificate of Designation amending the Articles of Incorporation of Image Sensing Systems, Inc. as filed with the Minnesota Secretary of State on June 6, 2013, incorporated by reference to Exhibit 3.1 to the Company&#8217;s Current Report on Form 8-K dated June 6, 2013 (File No. 0-26056).</font></a></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 19px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 19px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 12pt;"><font><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710111001931/image115309_ex3-ii.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">3(ii)</font></a></font></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 19px; text-align: left;">
<p style="margin-top: 0pt; margin-left: 3.6pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 12pt;"><font><font style="text-decoration: underline; font-family: 'Times New Roman'; font-size: 10pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710111001931/image115309_ex3-ii.htm" style="text-decoration: none;">Bylaws of the Company, incorporated by reference to Exhibit 3.2 to the Company's Current Report on Form 8-K dated December 14, 2020 (File No. 0-26056)</a></font></font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">4.1*</font></p>
</td>
<td style="width: 87.1724%; padding: 0px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-left: 3.6pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Specimen form of the Company&#8217;s common stock certificate, incorporated by reference to Exhibit 4.1 to the Registration Statement.</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710113000882/image132675_ex4-1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">4.2</font></a></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710113000882/image132675_ex4-1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Rights Agreement dated as of June 6, 2013, by and between the Company and Continental Stock Transfer &amp; Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company&#8217;s Current Report on Form 8-K dated June 6, 2013 (File No. 0-26056).</font></a></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 10px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710116002827/iss162910_ex4-1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">4.3</font></a></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 10px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710116002827/iss162910_ex4-1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">First Amendment to Rights Agreement dated as of August 23, 2016, by and between the Company and Continental Stock Transfer &amp; Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company&#8217;s Current Report on Form 8-K dated August 23, 2016 (File No. 001-35959).</font></a></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 10px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 10px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710118000230/ex41_1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">4.4</font></a></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 10px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710118000230/ex41_1.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Second Amendment to Rights Agreement dated as of March 12, 2018, by and between the Company and Continental Stock Transfer &amp; Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K dated March 12, 2018 (File No. 001-35959).</font></a></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 3px 7px 0px; vertical-align: top; text-align: center; height: 15px;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710120000452/ex41_1.htm" rel="noopener">4.5</a></td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710120000452/ex41_1.htm" rel="noopener">Third Amendment to Rights Agreement dated as of June 4, 2020, by and between the Company and Continental Stock Transfer &amp; Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K dated June 4, 2020 (File No. 001-35959).</a></td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;"><br></td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;"><br></td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; text-align: center; height: 15px;">4.6</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; text-align: left; height: 15px;">Image Sensing Systems, Inc. 2014 Stock Option and Incentive Plan, as amended through May 4, 2021 (filed herewith).</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;"><br></td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; text-align: left; height: 15px;"><br></td>
</tr>
<tr style="height: 16px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 16px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">5.1</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 16px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Opinion of Winthrop</font><font style="font-family: 'Times New Roman';">&nbsp;</font><font style="font-family: 'Times New Roman';">&amp; Weinstine, P.A. as to the legality of common stock of the Company (filed herewith).</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">23.1</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; page-break-after: avoid; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Consent of Boulay PLLP, independent registered public accounting firm (filed herewith).</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><a href="ex46_1.htm" name="EX-5.1" class="LinkedExhibit" style="-sec-extract: exhibit;"><font style="font-family: 'Times New Roman';">23.2</font></a></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><a href="ex46_1.htm" name="EX-5.1" class="LinkedExhibit" style="-sec-extract: exhibit;"><font style="font-family: 'Times New Roman';">Consent of Winthrop &amp; Weinstine, P.A. (included in its opinion filed as Exhibit 5.1).</font></a></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 10pt;"><font style="font-family: 'Times New Roman';">24.1</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman';">Power of Attorney (included as part of signature page).</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
</td>
</tr>
<tr style="height: 15px;">
<td style="width: 12.6876%; padding: 0.25pt 5.65pt; vertical-align: top; height: 15px;">
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710114000480/image141396_def14a.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">99.1</font></a></p>
</td>
<td style="width: 87.1724%; padding: 0px 0px 0px 3px; vertical-align: top; height: 15px; text-align: left;">
<p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 12pt;"><a href="http://www.sec.gov/Archives/edgar/data/943034/000089710114000480/image141396_def14a.htm" style="text-decoration: none;"><font style="font-family: 'Times New Roman'; font-size: 10pt; text-decoration: underline;">Image Sensing Systems, Inc. 2014 Stock Option and Incentive Plan (incorporated by reference to Appendix E to the Company&#8217;s Proxy Statement filed with the SEC on March 18, 2021, File No. 001-35959).</font></a><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">&nbsp;</font></p>
</td>
</tr>

</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="width: 36pt; display: inline-block;">&nbsp;</font><font style="width: 36pt; display: inline-block;">&nbsp;</font><font style="width: 36pt; display: inline-block;">&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman';">*Paper filing.&nbsp;</font></p>
<p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 10pt;"><font style="font-family: 'Times New Roman'; -aw-import: ignore;">&nbsp;</font></p>
<div>
<table style="width: 100%; font-family: 'times new roman'; font-size: 10pt;">

<tr>
<td class="pgno" style="padding: 0px; text-align: center;"><font style="font-size: 10pt;" class="pageno"><font class='pageno'>8</font></font></td>
</tr>

</table>
<hr class="horizontalLineRemoved" style="border-bottom-color: #000000; border-top-color: #000000; color: #000000; background-color: #000000;"></hr></div>
</div></div></body></html>
[{"type": "S-8", "sequence": "1", "filename": "MainDocument.htm", "description": "FORM S-8", "secsgml_size_bytes": 144042}]
{"company-data": {"conformed-name": "IMAGE SENSING SYSTEMS INC", "cik": "0000943034", "assigned-sic": "3829", "irs-number": "411519168", "state-of-incorporation": "MN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-256372", "film-number": "21949099"}, "business-address": {"street1": "400 SPRUCE TREE CENTRE", "street2": "1600 UNIVERSITY AVE", "city": "ST PAUL", "state": "MN", "zip": "55104-3825", "phone": "6516037700"}, "mail-address": {"street1": "400 SPRUCE TREE CENTRE", "street2": "1600 UNIVERSITY AVE W.", "city": "ST PAUL", "state": "MN", "zip": "55104"}}
As filed with the Securities and Exchange Commission on
May 21, 2021
.
Registration No. 333-__________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
Image Sensing Systems
, Inc.
(Exact name of registrant as specified in its charter)
Minnesota
41-1519168
(State or other jurisdiction of
(I.R.S. Employer Identification No.)
incorporation or organization)
400 Spruce Tree Centre, 1600 University Avenue West, St. Paul, MN
55104
(Address of principal executive offices)
Zip Code)
Image Sensing Systems, Inc. 2014 Stock Option and Incentive Plan
(Full title of the plan)
Chad A. Stelzig
Copy to:
President and Chief Executive Officer
Michele D. Vaillancourt
Imaging Sensing Systems, Inc.
Winthrop & Weinstine, P.A.
400 Spruce Tree Centre
225 South Sixth Street
1600 University Avenue West
Suite 3500
St. Paul, Minnesota 55104
Minneapolis, Minnesota 55402
(Name and address of agent for service)
Telephone: (612) 604-6400
(651) 603-7700
(Telephone number, including area code, of agent for service)
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.
See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule
12b-2 of the Exchange Act.
Large accelerated filer
☐
Accelerated filer
☐
Non-accelerated filer
☒
Smaller reporting company
☒
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.
☐
CALCULATION OF REGISTRATION FEE
Title of
s
ecurities
to be
r
egistered
Amount
to be
r
egistered (1)
Proposed
m
aximum
o
ffering
p
rice
per s
hare (2)
Proposed
m
aximum
a
ggregate
o
ffering
p
rice
(2)
Amount of
r
egistration
f
ee
Common stock,
$0.01 par value
120,000 shares
$7.08
$849,600
$92.69
(1)
As of May 21, 2021, the number of shares being registered consists of 120,000 shares of common stock reserved for issuance under the Image Sensing Systems,
Inc
. 2014 Stock Option and Incentive Plan.
Pursuant to Rule 461 under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement also covers any additional shares of common stock of Image Sensing Systems,
Inc
. (the "Company") that become issuable under the Image Sensing Systems,
Inc
. 2014 Stock Option and Incentive Plan by reason of any stock dividend, stock split, recapitalization, or other similar transaction effected without the receipt of consideration that results in an increase in the number of the outstanding shares of common stock of the Company. In addition, each share of common stock includes one preferred stock purchase right.
(2)
Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) under the Securities Act on the basis of $7.08 per share, which was the average of the high and low prices for a share of the Company's common stock on May 18, 2021, as reported on the
Nasdaq
Capital Market.
​
TABLE OF CONTENTS
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
1
Item 1.  Plan Information.
1
Item 2.  Registrant Information and Employee Plan Annual Information.
1
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
1
Item 3.  Incorporation of Documents by Reference.
1
Item 4.  Description of Securities.
2
Item 5.  Interests of Named Experts and Counsel.
2
Item 6.  Indemnification of Directors and Officers.
3
Item 7.  Exemption from Registration Claimed.
3
Item 8.  Exhibits.
4
Item 9.  Undertakings.
4
SIGNATURES
6
Exhibit Index
8
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information specified in Items 1 and 2 of Part I of the Registration Statement on Form S-8 is omitted from this Registration Statement in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the "Securities Act"), and the introductory note to Part I of Form S-8.
The documents containing the information specified in this Part I will be sent or given to employees of Image Sensing Systems, Inc. (the "Company") as specified by Rule 428(b)(1) under the Securities Act.
Such documents and the documents incorporated by reference in this Registration Statement on Form S-8 pursuant to Item 3 of Part II of this form, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
Item 1.
Plan Information
.
Item 2.
Registrant Information and Employee Plan Annual Information
.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference
.
The Company hereby incorporates by reference into this Registration Statement on Form S-8 the following documents previously filed by the Company with the Securities and Exchange Commission (the "SEC"):
a.
The description of the Company's securities registered under Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), contained in Exhibit 4(vi) to the Company's Annual Report on Form 10-K
filed with the SEC on March 11, 2021 (File No. 001-35959)
;
b.
The description of the Company's preferred stock purchase rights contained in the Company's Form 8-A dated June 6, 2013 filed with the SEC on June 6, 2013 (File No. 001-35959), as amended by the Company's Form 8-A/A (Amendment No. 1) filed with the SEC on August 23, 2016 (File No. 001-35959), the Company's Form 8-A/A (Amendment No. 2) filed with the SEC on March 12, 2018 (File No. 001-35959) and the Company's Form 8-A/A (Amendment No. 3) filed with the SEC on June 4, 2020 (File No. 001-35959);
c.             The Company's Current Report on Form 8-K filed with the SEC on January 8, 2021 reporting information under Item 3.01 (File No. 001-35959), solely to the extent filed and not furnished;
d.             The Company's Current Report on Form 8-K filed with the SEC on February 8, 2021 reporting information under Item 1.02 (File No. 001-35959), solely to the extent filed and not furnished;
e.
The Company's Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on March 11, 2021 (File No. 001-35959);
f.
The Company's definitive Proxy Statement filed with the SEC on March 18, 2021 (File No. 001-35959);
g.
The Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 filed with the SEC on May 3, 2021;
h.
The Company's Current Report on Form 8-K filed with the SEC on May 5, 2021 reporting information under Item 5.07 (File No. 001-35959), solely to the extent filed and not furnished;
i.              The Company's Current Report on Form 8-K filed with the SEC on May 10, 2021 reporting information under Item 5.02 (File NO. 001-35959), solely to the extent filed and not furnished; and
j.
All other reports filed (but not furnished) by the Company pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year ended December 31, 2020 and before filing of a post-effective amendment which indicates that all securities offered by this registration statement have been sold or which deregisters all such securities then remaining to be sold.
1
All documents filed by the Company pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Exchange Act after the effective date of this Registration Statement and before the filing of a post
‑
effective amendment to this Registration Statement which indicates that all securities offered hereby have been sold or which deregisters all such securities then remaining unsold (excluding, however, any portion of such documents not deemed to be "filed" with the SEC pursuant to the rules of the SEC) shall be deemed to be incorporated by reference into this registration statement and to be a part hereof from the date of filing of such documents.
In no event, however, will any information that the Company discloses under Item 2.02 or Item 7.01 of any Current Report on Form 8-K that the Company may from time to time furnish to the SEC be incorporated by reference into, or otherwise become a part of, this Registration Statement, unless otherwise indicated therein. Any statement contained in any document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed to constitute a part of this Registration Statement, except as so modified or superseded.
Item 4.
Description of Securities
.
The shares of the Company's common stock and the accompanying preferred stock purchase rights offered pursuant to this Registration Statement are registered under Section 12(b) of the Exchange Act.
The description of the Company's common stock is incorporated by reference pursuant to Item 3.a. and Item 3.b. above.
Item 5.
Interests of Named Experts and Counsel
.
Not applicable.
2
Item 6.
Indemnification of Directors and Officers
.
Section
302A.521, Subdivision 2, of the Minnesota Business Corporation Act (the "MBCA") provides that unless prohibited or limited by a corporation's articles of incorporation or bylaws, the Company must indemnify a person made or threatened to be made a party to a proceeding by reason of the former or present official capacity of the person against judgments, penalties, fines, including, without limitation, excise taxes assessed against the person with respect to an employee benefit plan, settlements, and reasonable expenses, including attorneys' fees and disbursements, incurred by the person in connection with the proceeding if, with respect to the acts or omissions of the person complained of in the proceeding, the person: (1)
has not been indemnified by another organization or employee benefit plan for the same judgments, penalties, fines, including, without limitation, excise taxes assessed against the person with respect to an employee benefit plan, settlements, and reasonable expenses, including attorneys' fees and disbursements, incurred by the person in connection with the proceeding with respect to the same acts or omissions; (2)
acted in good faith; (3)
received no improper personal benefit and Section 302A.255 of the MBCA (which describes the procedure to be followed in approving contracts or other transactions involving a director conflict of interest), if applicable, has been satisfied; (4)
in the case of a criminal proceeding, had no reasonable cause to believe the conduct was unlawful; and (5)
reasonably believed that the conduct was in the best interests of the corporation or was not opposed to the best interests of the corporation.
Section
302A.521, Subdivision 7, of the MBCA permits a corporation to purchase and maintain insurance on behalf of a person in that person's official capacity against any liability asserted against and incurred by the person in or arising from that capacity, whether or not the corporation would have been required to indemnify the person against the liability under the provisions of Section 302A.521 of the MBCA.
The Company maintains officers' and directors' liability insurance for the benefit of its officers and directors.
Section 302A.521, Subdivision 1(c), of the MBCA defines "official capacity" as (i) with respect to a director, the position of director in a corporation, (ii) with respect to a person other than a director, the elective or appointive office or position held by an officer, member of a committee of the board, or the employment relationship undertaken by an employee of the corporation, and (iii) with respect to a director, officer, or employee of the corporation who, while a director, officer, or employee of the corporation, is or was serving at the request of the corporation or whose duties in that position involve or involved service as a director, officer, partner, trustee, governor, manager, employee, or agent of another organization or employee benefit plan, the position of that person as a director, officer, partner, trustee, governor, manager, employee, or agent, as the case may be, of the other organization or employee benefit plan.
Section 302A.521, Subdivision 1(d), of the MBCA defines "proceeding" as a threatened, pending, or completed civil, criminal, administrative, arbitration, or investigative proceeding, including a proceeding by or in the right of the corporation.
Section 7 of Article
III of the Company's Bylaws provides that the Company shall indemnify any person (including any present or future director or officer, or the heirs or legal representatives of any such director or officer) made, or threatened to be made, a party to any action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he, his testator or intestate, is or was a director or officer of the corporation or serves any other corporation in any capacity at the request of the corporation, and the corporation may advance his related expenses, in the manner and to the full extent as provided by the laws of the State of Minnesota in such case made and provided and as otherwise permitted by law.
Item
7.
Exemption from Registration Claimed
.
Not applicable.
3
Item 8.
Exhibits
.
The exhibits to this Registration Statement on Form S-8 are described on the Exhibit Index in this Registration Statement on Form S-8, which is incorporated herein by reference.
Item 9.
Undertakings
.
(a)
Rule 415 Offering.
The undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post
‑
effective amendment to this registration statement:
(i)
To include any prospectus required by Section
10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration Statement; and
(iii)
To include any material information with respect to the plan of distribution not previously described in the registration statement or any material change to such information in the registration statement.
Provided, however
, that (A) paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration Statement.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each post
‑
effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
4
(
b)
Filings Incorporating Subsequent Exchange Act Documents by Reference.
The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(h)
Request for Acceleration of Effective Date or Filing of Registration Statement Becoming Effective Upon Filing.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.
In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
5
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S
‑
8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Paul, State of Minnesota on May 21, 2021.
Image Sensing Systems,
Inc
.
By:
/s/
Chad A.
Stelzig
Chad A.
Stelzig
President and Chief Executive Officer
(Principal Executive Officer)
6
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and appoints Chad A. Stelzig
and Frank G. Hallowell, each of whom may act individually, as such person's true and lawful attorney-in-fact and agent with full power of substitution and re substitution for such person and in such person's name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Andrew T. Berger
Andrew T. Berger
Executive Chairman of the Board of Directors
May 21, 2021
/s/ James W. Bracke
James W. Bracke
Director
May 21, 2021
/
s/ Paul F. Lidsky
Paul F. Lidsky
Director
May 21, 2021
/s/ Geoffrey C
.
Davis
Geoffrey C. Davis
Director
May 21, 2021
/s/ Joseph P. Daly
Joseph P. Daly
Director
May 21, 2021
/s/ Brian J. VanDerBosch
Brian J. VanDerBosch
Director
May 21, 2021
/s/ Chad A. Stelzig
Chad A. Stelzig
President and Chief Executive Officer (Principal Executive Officer)
May 21, 2021
/s/ Frank G. Hallowell
Frank G. Hallowell
Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
May 21, 2021
7
Exhibit Index
Exhibit No
.
Description
3(i).1*
Restated Articles of Incorporation of the Company, incorporated by reference to Exhibit 3.1 to the Company's Registration Statement on Form SB
‑
2 (Registration No. 33
‑
90298C) filed on March 15, 1995, as amended (Registration Statement).
3(i).2
Articles of Amendment to Articles of Incorporation of ISS, incorporated by reference to Exhibit 3.2 to the Company's Quarterly Report on Form 10
‑
QSB for the quarter ended June 30, 2001 (File No. 0-26056).
3(i).3
Certificate of Designation amending the Articles of Incorporation of Image Sensing Systems, Inc. as filed with the Minnesota Secretary of State on June 6, 2013, incorporated by reference to Exhibit 3.1 to the Company's Current Report on Form 8-K dated June 6, 2013 (File No. 0-26056).
3(ii)
Bylaws of the Company, incorporated by reference to Exhibit 3.2 to the Company's Current Report on Form 8-K dated December 14, 2020 (File No. 0-26056)
4.1*
Specimen form of the Company's common stock certificate, incorporated by reference to Exhibit 4.1 to the Registration Statement.
4.2
Rights Agreement dated as of June 6, 2013, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K dated June 6, 2013 (File No. 0-26056).
4.3
First Amendment to Rights Agreement dated as of August 23, 2016, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K dated August 23, 2016 (File No. 001-35959).
4.4
Second Amendment to Rights Agreement dated as of March 12, 2018, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K dated March 12, 2018 (File No. 001-35959).
4.5
Third Amendment to Rights Agreement dated as of June 4, 2020, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K dated June 4, 2020 (File No. 001-35959).
4.6
Image Sensing Systems, Inc. 2014 Stock Option and Incentive Plan, as amended through May 4, 2021 (filed herewith).
5.1
Opinion of Winthrop
& Weinstine, P.A. as to the legality of common stock of the Company (filed herewith).
23.1
Consent of Boulay PLLP, independent registered public accounting firm (filed herewith).
23.2
Consent of Winthrop & Weinstine, P.A. (included in its opinion filed as Exhibit 5.1).
24.1
Power of Attorney (included as part of signature page).
99.1
Image Sensing Systems, Inc. 2014 Stock Option and Incentive Plan (incorporated by reference to Appendix E to the Company's Proxy Statement filed with the SEC on March 18, 2021, File No. 001-35959).
*Paper filing.
8