Kendrick Donald W 4
4 · ClearSign Technologies Corp · Filed Jan 14, 2020
Insider Transaction Report
Form 4
Kendrick Donald W
Senior VP of Technology
Transactions
- Award
Option to Purchase Common Stock
2020-01-09+40,000→ 40,000 totalExercise: $0.89Exp: 2030-01-09→ Common Stock (40,000 underlying)
Holdings
- 50,000
Option to Purchase Common Stock
Exercise: $1.21Exp: 2029-01-01→ Common Stock (50,000 underlying) - 25,000
Option to Purchase Common Stock
Exercise: $3.80Exp: 2027-04-01→ Common Stock (25,000 underlying) - 60,000
Option to Purchase Common Stock
Exercise: $1.21Exp: 2029-01-01→ Common Stock (60,000 underlying) - 50,000
Option to Purchase Common Stock
Exercise: $2.25Exp: 2029-01-01→ Common Stock (50,000 underlying) - 30,000
Option to Purchase Common Stock
Exercise: $1.90Exp: 2028-04-01→ Common Stock (30,000 underlying) - 25,000
Option to Purchase Common Stock
Exercise: $4.21Exp: 2026-03-31→ Common Stock (25,000 underlying) - 25,000
Option to Purchase Common Stock
Exercise: $5.07Exp: 2025-03-31→ Common Stock (25,000 underlying)
Footnotes (8)
- [F1]The right to purchase 20,000 option shares vested on January 9, 2020, the grant date. The remaining 20,000 option shares will vest upon the completion of certain performance objectives.
- [F2]The right to purchase these shares vested on February 9, 2019, the grant date.
- [F3]The right to purchase the option shares vests as follows: one-third of the option shares vested on January 1, 2019, one-third of the option shares vested on January 1, 2020 and one third of the option shares will vest on January 1, 2021.
- [F4]The right to purchase the option shares vests as follows: one-third of the option shares vested on January 1, 2019, one-third of the option shares vested on January 1, 2020 and one third of the option shares will vest on January 1, 2021.
- [F5]The right to purchase the option shares vests at the rate of 6.25% commencing on July 1, 2018 and continues to vest thereafter on the first day of each quarter until the right to purchase all of the option shares has vested.
- [F6]The right to purchase the option shares vested at the rate of 6.25% commencing on June 30, 2017 and continues to vest thereafter on the last day of each quarter until the right to purchase all of the option shares has vested.
- [F7]The right to purchase the option shares vested 40% on April 1, 2016 and continues to vest thereafter at the rate of 5% commencing on July 1, 2016 and on each quarterly (3-month) anniversary until the right to purchase all of the shares has vested on July 1, 2020.
- [F8]The right to purchase the option shares vested 6.25% on July 1, 2016 and continues to vest thereafter on each quarterly (3-month) anniversary until the right to purchase all of the shares has vested on July 1, 2020.