Maley David M 4
4 · ClearSign Technologies Corp · Filed Jul 3, 2025
Insider Transaction Report
Form 4
Maley David M
Director
Transactions
- Award
Restricted Stock Units
2025-07-01+9,452→ 105,443 total→ Common Stock (9,452 underlying)
Footnotes (2)
- [F1]As compensation for services as a non-executive director during the quarter ending September 30, 2025, the reporting person was granted restricted stock units ("RSUs") under the ClearSign Technologies Corporation 2021 Equity Incentive Plan, pro-rated for the period beginning on July 1, 2025 and ending on July 25, 2025, the reporting person's last day of service as a non-executive director, 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.