Deller Colin James 4
4 · ClearSign Technologies Corp · Filed Jan 12, 2021
Insider Transaction Report
Form 4
Deller Colin James
Chief Executive Officer
Transactions
- Award
Option to Purchase Coomon Stock
2021-01-10+590,000→ 590,000 totalExercise: $3.37Exp: 2031-01-09→ Common Stock (590,000 underlying)
Holdings
- 200,000
Option to Purchase Common Stock
Exercise: $2.25Exp: 2029-01-01→ Common Stock (200,000 underlying) - 182,730
Option to Purchase Common Stock
Exercise: $0.94Exp: 2030-01-01→ Common Stock (182,730 underlying) - 400,000
Option to Purchase Common Stock
Exercise: $1.16Exp: 2029-01-01→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]80,000 shares underlying the option vested immediately upon issuance. The right to purchase the remaining option shares vests upon the achievement of certain performance goals. As each of these various performance goals is met, a portion of the award will vest and will be available for purchase from that date.
- [F2]The right to purchase the option shares vested on the date of grant.
- [F3]The right to purchase the option shares vests in 3 equal portions in January of 2019, 2020, 2021.