Sock Stephen Michael 4
4 · ClearSign Technologies Corp · Filed Jan 14, 2020
Insider Transaction Report
Form 4
Sock Stephen Michael
SVP Business Development
Transactions
- Award
Option to Purchase Common Stock
2020-01-09+30,000→ 30,000 totalExercise: $0.89From: 2020-01-09Exp: 2030-01-09→ Common Stock (30,000 underlying)
Holdings
- 20,000
Option to Purchase Common Stock
Exercise: $1.90Exp: 2028-03-31→ Common Stock (20,000 underlying) - 50,000
Option to Purchase Common Stock
Exercise: $2.25Exp: 2029-01-01→ Common Stock (50,000 underlying) - 50,000
Option to Purchase Common Stock
Exercise: $1.21Exp: 2029-01-01→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The right to purchase the option shares vests at the rate of 6.25% commencing on July 1, 2018 and on each quarterly (3-month) anniversary until the right to purchase all of the shares has vested on July 1, 2022.
- [F2]The right to purchase one-third of the option shares vested as of January 1, 2019 and the right to purchase one-third of the option shares vested on January 1, 2020. The right to purchase the remainder of the option shares will vest on January 1, 2021.