Maley David M 4
4 · ClearSign Technologies Corp · Filed Apr 25, 2024
Insider Transaction Report
Form 4
Maley David M
Director
Transactions
- Award
Restricted Stock Units
2024-04-23+14,409→ 14,409 total→ Common Stock (14,409 underlying)
Footnotes (2)
- [F1]As compensation for services as a non-executive director during the quarter ending June 30, 2024, on April 23, 2024, the reporting person was granted restricted stock units ("RSUs") under the ClearSign Technologies Corporation 2021 Equity Incentive Plan, pro-rated based on an appointment date of April 23, 2024, 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 person's death; or (4) the reporting person's separation from service.