CLEARSIGN COMBUSTION CORP 4
4 · CLEARSIGN COMBUSTION CORP · Filed Jan 26, 2017
Insider Transaction Report
Form 4
COLANNINO JOSEPH
CHIEF TECHNOLOGY OFFICER
Transactions
- Exercise of In-Money
Subscription Rights (Right to Purchase)
2016-12-27−1,967→ 0 totalExercise: $4.00From: 2016-12-27Exp: 2017-01-13→ See Footnote (1,967 underlying) - Exercise of In-Money
Subscription Rights (Right to Purchase)
2016-12-27−5,155→ 0 total(indirect: By IRA)Exercise: $4.00From: 2016-12-27Exp: 2017-01-13→ See Footnote (5,155 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock
2017-01-25+5,155→ 5,155 total(indirect: By IRA)Exercise: $4.00From: 2017-01-25Exp: 2019-01-25→ Common Stock (5,155 underlying) - Exercise of In-Money
Common Stock/CLIR
2017-01-25$4.00/sh+5,000$20,000→ 35,930 total(indirect: By IRA) - Exercise of In-Money
Common Stock/CLIR
2017-01-25$4.00/sh+5,155$20,620→ 30,930 total(indirect: By IRA) - Exercise of In-Money
Warrant to Purchase Common Stock
2017-01-25+5,000→ 10,155 total(indirect: By IRA)Exercise: $4.00From: 2017-01-25Exp: 2019-01-25→ Common Stock (5,000 underlying)
Holdings
- 9,837
Common Stock/CLIR
Footnotes (4)
- [F1]The common stock and the warrants were acquired pursuant to the exercise of subscription rights (the "Rights Offering") previously distributed by the Issuer to all holders of the Issuer's common stock. Each holder received 0.2 subscription rights per share of stock owned, and each right allowed the recipient to purchase one unit, consisting of one share of common stock and one warrant to purchase one share of common stock. The subscription price per unit was $4.00.
- [F2]The common stock and the warrants were acquired pursuant to a best efforts public offering through the Issuer's placement agent of all units remainingfollowing the expiration of the subscription period under the Rights Offering. Each unit consisted of one share of common stock and one warrant to purchase one share of common stock. The subscription price per unit was $4.00.
- [F3]These Subscription Rights expired without exercise.
- [F4]Each warrant entitles the holder to purchase one share of the Company's common stock at an exercise price of $4.00 from the date of issuance through January 25, 2019.