4//SEC Filing
HOFFMAN Robert Thurston Sr 4
Accession 0001104659-22-042377
CIK 0001434524other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 6:28 PM ET
Size
19.8 KB
Accession
0001104659-22-042377
Insider Transaction Report
Form 4
HOFFMAN Robert Thurston Sr
Director10% Owner
Transactions
- Award
Restricted Stock Units
2022-04-01+12,121→ 12,121 total→ Common Stock (12,121 underlying)
Holdings
- 20,000
Option to Purchase Common Stock
Exercise: $3.97From: 2021-04-01Exp: 2031-01-21→ Common Stock (20,000 underlying) - 20,000
Option to Purchase Common Stock
Exercise: $0.54From: 2020-05-19Exp: 2030-05-19→ Common Stock (20,000 underlying) - 13,888
Restricted Stock Units
→ Common Stock (13,888 underlying) - 12,500
Restricted Stock Units
→ Common Stock (12,500 underlying) - 6,896
Restricted Stock Units
→ Common Stock (6,896 underlying) - 20,000
Option to Purchase Common Stock
Exercise: $2.38From: 2020-11-19Exp: 2030-11-18→ Common Stock (20,000 underlying) - 20,000
Option to Purchase Common Stock
Exercise: $2.30From: 2020-08-18Exp: 2030-08-17→ Common Stock (20,000 underlying) - 6,896
Restricted Stock Units
→ Common Stock (6,896 underlying) - 20,000
Option to Purchase Common Stock
Exercise: $0.72From: 2020-04-01Exp: 2030-04-01→ Common Stock (20,000 underlying) - 86,500
Option to Purchase Common Stock
Exercise: $1.00Exp: 2029-04-01→ Common Stock (86,500 underlying)
Footnotes (7)
- [F1]As compensation for services as a non-executive director during the quarter ending June 30, 2022, the reporting person was granted restricted stock units ("RSUs") under the ClearSign Technologies Corporation 2021 Equity Incentive Plan and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
- [F2]The RSUs will vest upon the first to occur of: (1) a Change in Control (as defined in the applicable RSU award agreement), (2) the reporting person's Disability (as defined in the applicable RSU award agreement); (3) the reporting peron's death; or (4) the reporting person's separation from service.
- [F3]As compensation for services as a non-executive director during the quarter ended March 31, 2022, the reporting person was granted RSUs under the ClearSign Technologies Corporation 2021 Equity Incentive Plan and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
- [F4]As compensation for services as a non-executive director during the quarter ended December 31, 2021, the reporting person was granted RSUs under the ClearSign Technologies Corporation 2021 Equity Incentive Plan and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
- [F5]As compensation for services as a non-executive director during the quarter ended September 30, 2021, the reporting person was granted RSUs under the ClearSign Technologies Corporation 2021 Equity Incentive Plan and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
- [F6]As compensation for services as a non-executive director during the quarter ended June 30, 2021, the reporting person was granted RSUs under the ClearSign Technologies Corporation 2021 Equity Incentive Plan and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
- [F7]The right to exercise the option and purchase the option shares vested in equal increments as follows: the right to purchase 21,625 shares vested on May 9, 2019 and the right to purchase the remaining 64,875 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 0001748409
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 6:28 PM ET
- Size
- 19.8 KB