Sec Form 4 Filing - Jacobs Stephen E @ WIRELESS RONIN TECHNOLOGIES INC - 2007-03-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Jacobs Stephen E
2. Issuer Name and Ticker or Trading Symbol
WIRELESS RONIN TECHNOLOGIES INC [ RNIN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Exec VP and Secretary
(Last) (First) (Middle)
14700 MARTIN DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
03/28/2007
(Street)
EDEN PRAIRIE, MN55344
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 36,805 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) ( 1 ) $ 5.65 03/28/2007 D( 2 ) 15,000 02/02/2007 05/03/2007 Common Stock 15,000 $ 0 15,000 D
Stock Option (right to buy) ( 1 ) $ 5.65 03/28/2007 A( 2 ) 15,000 02/02/2007 12/31/2007 Common Stock 15,000 $ 0 15,000 D
Warrant to Purchase Common Stock $ 9 02/02/2007 03/31/2011 Common Stock 15,000 15,000 D
Warrant to Purchase Common Stock $ 9 10/31/2003 10/31/2008 Common Stock 2,777 2,777 D
Warrant to Purchase Common Stock $ 9 03/10/2004 03/10/2009 Common Stock 5,555 5,555 D
Warrant to Purchase Common Stock $ 2.25 10/12/2004 10/12/2009 Common Stock 11,111 11,111 D
Warrant to Purchase Common Stock $ 9 12/14/2004 12/14/2009 Common Stock 8,333 8,333 D
Warrant to Purchase Common Stock $ 6.75 02/01/2004 02/01/2009 Common Stock 3,333 3,333 D
Warrant to Purchase Common Stock $ 6.75 05/01/2004 05/01/2010 Common Stock 3,333 3,333 D
Warrant to Purchase Common Stock $ 6.75 08/01/2004 08/01/2009 Common Stock 3,333 3,333 D
Warrant to Purchase Common Stock $ 6.75 11/01/2004 11/01/2009 Common Stock 3,333 3,333 D
Warrant to Purchase Common Stock $ 6.75 04/29/2004 04/29/2009 Common Stock 13,888 13,888 D
Warrant to Purchase Common Stock $ 6.75 02/01/2005 02/01/2010 Common Stock 3,333 3,333 D
Warrant to Purchase Common Stock $ 6.75 04/29/2005 04/29/2010 Common Stock 13,888 13,888 D
Warrant to Purchase Common Stock $ 6.75 05/01/2005 05/01/2010 Common Stock 3,333 3,333 D
Warrant to Purchase Common Stock $ 9 06/16/2005 06/16/2010 Common Stock 6,800 6,800 D
Warrant to Purchase Common Stock $ 6.75 08/04/2005 08/04/2010 Common Stock 3,333 3,333 D
Warrant to Purchase Common Stock $ 9 09/02/2005 09/02/2010 Common Stock 7,433 7,433 D
Warrant to Purchase Common Stock $ 6.75 09/02/2005 09/02/2010 Common Stock 13,333 13,333 D
Warrant to Purchase Common Stock $ 9 02/16/2006 02/16/2011 Common Stock 3,403 3,403 D
Warrant to Purchase Common Stock $ 9 03/06/2006 03/06/2011 Common Stock 2,108 2,108 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jacobs Stephen E
14700 MARTIN DRIVE
EDEN PRAIRIE, MN55344
Exec VP and Secretary
Signatures
/s/ John A. Witham, Attorney-in-Fact 03/29/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Granted under the Company's 2006 Equity Incentive Plan, which was approved by the Company's shareholders on February 2, 2007, pursuant to the requirements of Rule 16b-3.
( 2 )The two reported transactions involved an amendment of an outstanding option, resulting for Section 16 purposes in the deemed cancellation of the "old" option and the grant of a "new" option.

Remarks:
The Reporting Person will cease being the executive vice president and secretary of Wireless Ronin Technologies, Inc. on March 31, 2007.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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