4//SEC Filing
Meline Susanne 4
Accession 0001104659-20-097274
CIK 0001434524other
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 4:51 PM ET
Size
10.0 KB
Accession
0001104659-20-097274
Insider Transaction Report
Form 4
Meline Susanne
Director
Transactions
- Award
Option to Purchase Common Stock
2020-08-18+22,750→ 22,750 totalExercise: $2.30From: 2020-08-18Exp: 2030-08-17→ Common Stock (22,750 underlying)
Holdings
- 22,750
Option to Purchase Common Stock
Exercise: $0.49From: 2020-05-19Exp: 2030-05-19→ Common Stock (22,750 underlying) - 22,750
Option to Purchase Common Stock
Exercise: $0.72From: 2020-04-01Exp: 2030-04-01→ Common Stock (22,750 underlying) - 91,000
Option to Purchase Common Stock
Exercise: $1.00Exp: 2029-04-01→ Common Stock (91,000 underlying)
Footnotes (2)
- [F1]On August 18, 2020 the Issuer's Board of Directors approved compensation to be paid to the Issuer's non-executive directors for services provided to the Issuer during the period from July 1, 2020 to September 30, 2020. The reporting person is a non-executive director. As compensation for their services, each non- executive director was awarded options for shares of common stock having an exercise price of $2.30. The total numbers of option shares awarded was based on the services provided by the director. These services include Board participation, committee participation, committee chair responsibilities and lead director responsibilities, if any. The award was issued from the Issuer's 2011 Equity Incentive Plan.
- [F2]The right to exercise the option and purchase the option shares vested in equal increments as follows: the right to purchase 22,750 shares vested on May 9, 2019 and the right to purchase the remaining 68,250 shares vested in equal increments on the last day of each calendar quarter during 2019.
Documents
Issuer
ClearSign Technologies Corp
CIK 0001434524
Entity typeother
Related Parties
1- filerCIK 0001731684
Filing Metadata
- Form type
- 4
- Filed
- Aug 19, 8:00 PM ET
- Accepted
- Aug 20, 4:51 PM ET
- Size
- 10.0 KB