Home/Filings/4/0001104659-22-077795
4//SEC Filing

Pate Bruce Alan 4

Accession 0001104659-22-077795

CIK 0001434524other

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 5:48 PM ET

Size

21.4 KB

Accession

0001104659-22-077795

Insider Transaction Report

Form 4
Period: 2022-07-01
Transactions
  • Award

    Restricted Stock Units

    2022-07-01+14,30314,303 total
    Common Stock (14,303 underlying)
Holdings
  • Restricted Stock Units

    Common Stock (11,666 underlying)
    11,666
  • Restricted Stock Units

    Common Stock (6,637 underlying)
    6,637
  • Options to Purchase Common Stock

    Exercise: $3.97From: 2021-04-01Exp: 2031-01-21Common Stock (19,750 underlying)
    19,750
  • Option to Purchase Common Stock

    Exercise: $1.00Exp: 2029-04-01Common Stock (70,500 underlying)
    70,500
  • Restricted Stock Units

    Common Stock (13,368 underlying)
    13,368
  • Options to Purchase Common Stock

    Exercise: $2.38From: 2020-11-19Exp: 2030-11-18Common Stock (19,750 underlying)
    19,750
  • Options to Purchase Common Stock

    Exercise: $2.30From: 2020-08-18Exp: 2030-08-17Common Stock (19,750 underlying)
    19,750
  • Option to Purchase Common Stock

    Exercise: $0.72From: 2020-04-01Exp: 2030-04-01Common Stock (19,750 underlying)
    19,750
  • Restricted Stock Units

    Common Stock (12,031 underlying)
    12,031
  • Restricted Stock Units

    Common Stock (6,637 underlying)
    6,637
  • Options to Purchase Common Stock

    Exercise: $0.54From: 2020-05-19Exp: 2030-05-19Common Stock (19,750 underlying)
    19,750
Footnotes (8)
  • [F1]As compensation for services as a non-executive director during the quarter ending September 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 June 30, 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 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.
  • [F5]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.
  • [F6]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.
  • [F7]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.
  • [F8]The right to exercise the option and purchase the option shares vested in equal increments as follows: the right to purchase 17,625 shares vested on May 9, 2019 and the right to purchase the remaining 52,875 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 0001765385

Filing Metadata

Form type
4
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 5:48 PM ET
Size
21.4 KB