FM signals are everywhere in the RF/Wireless world. Their resistance to noise and clean reception within their range of operation is exploited by many systems. It is useful sometimes to take a look at the theory behind these signals, at least to the point that an intuitive understanding can become beneficial. A recent paper by Signal Processing Group Inc., has been published that provides a description of the mathematics behind FM signals. A set of simulation results are provided that back up the theory. The paper can be accessed at the SPG website, http://www.signalpro.biz under ” free stuff…”.