4//SEC Filing
Hinds Brent 4
Accession 0001104659-25-016240
CIK 0001434524other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 7:00 PM ET
Size
15.8 KB
Accession
0001104659-25-016240
Insider Transaction Report
Form 4
Hinds Brent
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2025-02-02$1.20/sh−3,712$4,454→ 80,510 total - Exercise/Conversion
Common Stock
2024-05-20+2,627→ 75,058 total - Exercise/Conversion
Common Stock
2025-02-02+10,127→ 84,222 total - Tax Payment
Common Stock
2024-05-20$0.78/sh−963$751→ 74,095 total - Exercise/Conversion
Restricted Stock Unit
2024-05-20−2,627→ 0 total→ Common Stock (2,627 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-02-02−10,127→ 10,127 total→ Common Stock (10,127 underlying)
Footnotes (8)
- [F1]Reflects the vesting of 2,627 performance-based restricted stock units ("PRSUs") granted to the reporting person on February 22, 2024, into an equal number of shares of the Company's common stock, without the payment of any consideration, pursuant to the ClearSign Technologies Corporation 2021 Equity Incentive Plan (the "2021 Plan").
- [F2]Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of 2,627 PRSUs on May 20, 2024, and calculated based on the closing price of the Company's common stock, as reported on Nasdaq Stock Market, on May 20, 2024 of $0.78.
- [F3]Reflects the vesting of 10,127 restricted stock units ("RSUs") out of the 30,380 RSUs granted to the reporting person on February 2, 2023, into an equal number of shares of the Company's common stock, without the payment of any consideration, pursuant to the 2021 Plan.
- [F4]Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of 10,127 RSUs on February 2, 2025, and calculated based on the closing price of the Company's common stock, as reported on Nasdaq Stock Market, on February 2, 2025 of $1.20.
- [F5]On February 22, 2024, the reporting person was granted a one-time bonus of 2,627 PRSUs, and each PRSU represents a right to receive one share of common stock or the cash equivalent thereof.
- [F6]The PRSUs granted on February 22, 2024, vested on May 20, 2024, upon the achievement of certain performance targets established by the Company's compensation committee of the board of directors for the year ended December 31, 2024.
- [F7]On February 2, 2023, the reporting person was granted a one-time bonus of 30,380 RSUs, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
- [F8]The RSUs granted on February 2, 2023, vest in three equal annual installments that commenced on February 2, 2024.
Documents
Issuer
ClearSign Technologies Corp
CIK 0001434524
Entity typeother
Related Parties
1- filerCIK 0001888082
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 7:00 PM ET
- Size
- 15.8 KB