CLEARSIGN COMBUSTION CORP 4
4 · CLEARSIGN COMBUSTION CORP · Filed Oct 24, 2014
Insider Transaction Report
Form 4
HARMON JAMES N
CFO and Secretary
Transactions
- Exercise/Conversion
Option to Purchase Common Stock
2014-10-23+7,504→ 0 totalExercise: $4.88Exp: 2022-12-31→ Common Stock (7,504 underlying) - Exercise/Conversion
Common Stock
2014-10-23$4.88/sh+7,504$36,620→ 138,940 total
Footnotes (1)
- [F1]Subject to the right of the Reporting Person to exercise the option and purchase the option shares prior to vesting (an "Early Exercise"), the right to purchase the option shares vests at the rate of 6.25% at the end of each calendar quarter, beginning on March 31, 2013, and continues until the right to purchase all of the option shares has vested. The Reporting Person has elected Early Exercise. The option shares purchased as a result of Early Exercise are subject to the Issuer's right to repurchase at the exercise price if any such option shares are not vested on the date of the Reporting Person's separation from service. The Issuer's right to repurchase lasts for a period of 90 days from the date of the Reporting Person's separation from service.