Home/Filings/4/0001104659-20-128455
4//SEC Filing

Meline Susanne 4

Accession 0001104659-20-128455

CIK 0001434524other

Filed

Nov 22, 7:00 PM ET

Accepted

Nov 23, 4:03 PM ET

Size

11.3 KB

Accession

0001104659-20-128455

Insider Transaction Report

Form 4
Period: 2020-11-19
Transactions
  • Award

    Option to Purchase Common Stock

    2020-11-19+22,75022,750 total
    Exercise: $2.38From: 2020-11-19Exp: 2020-11-18Common Stock (22,750 underlying)
Holdings
  • Option to Purchase Common Stock

    Exercise: $2.30From: 2020-08-18Exp: 2030-08-17Common Stock (22,750 underlying)
    22,750
  • Option to Purchase Common Stock

    Exercise: $0.72From: 2020-04-01Exp: 2030-04-01Common Stock (22,750 underlying)
    22,750
  • Option to Purchase Common Stock

    Exercise: $0.49From: 2020-05-19Exp: 2030-05-19Common Stock (22,750 underlying)
    22,750
  • Option to Purchase Common Stock

    Exercise: $1.00Exp: 2029-04-01Common Stock (91,000 underlying)
    91,000
Footnotes (2)
  • [F1]On November 19, 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 October 1, 2020 to December 31, 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 $2.38. 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.

Issuer

ClearSign Technologies Corp

CIK 0001434524

Entity typeother

Related Parties

1
  • filerCIK 0001731684

Filing Metadata

Form type
4
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 4:03 PM ET
Size
11.3 KB