Home/Filings/4/0001144204-14-040727
4//SEC Filing

CLEARSIGN COMBUSTION CORP 4

Accession 0001144204-14-040727

$CLIRCIK 0001434524operating

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 4:05 PM ET

Size

5.4 KB

Accession

0001144204-14-040727

Insider Transaction Report

Form 4
Period: 2014-06-30
Transactions
  • Award

    Common Stock

    2014-06-30$10.26/sh+1,219$12,50719,370 total
Footnotes (1)
  • [F1]On February 7, 2014 the Issuer's board of directors approved annual compensation for the Issuer's independent directors. The reporting person is an independent director. As partial compensation, each independent director will receive a total of 4,875 shares of common stock. The shares of common stock will be issued from the Company's 2011 Equity Incentive Plan and are held in escrow until the shares are earned. The shares are earned on a quarterly basis and are released to the independent directors on the last day of each fiscal quarter. Following the completion of the reporting person's service during the quarter, the shares shall be released as follows: (i) 1,218 shares were released on March 31, 2014; (ii) 1,219 shares were released on June 30, 2014; (iii) 1,219 shares will be released on September 30, 2014; and (iv) 1,219 shares will be released on December 31, 2014.

Issuer

CLEARSIGN COMBUSTION CORP

CIK 0001434524

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001434524

Filing Metadata

Form type
4
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:05 PM ET
Size
5.4 KB