Schrecker Judith S 4
4 · ClearSign Technologies Corp · Filed Jul 30, 2021
Insider Transaction Report
Form 4
Schrecker Judith S
Director
Transactions
- Award
Options to Purchase Common Stock
2021-07-28+17,000→ 17,000 totalExercise: $4.15From: 2021-07-28Exp: 2031-07-27→ Common Stock (17,000 underlying)
Footnotes (1)
- [F1]On July 28, 2021, the Issuer's board of directors approved compensation to be paid to the reporting person for her services provided to the Issuer as a non-executive director for the fiscal quarter ended March 31, 2021. As compensation for her services, the reporting person was awarded options for shares of common stock having an exercise price of $4.15. The options are fully vested as of the date of grant. 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 recommended to the Issuer's board of directors by its compensation committee and issued from the Issuer's 2021 Equity Incentive Plan.