CLEARSIGN COMBUSTION CORP 4
4 · CLEARSIGN COMBUSTION CORP · Filed Jan 26, 2017
Insider Transaction Report
Form 4
HARMON JAMES N
CFO and Secretary
Transactions
- Exercise of In-Money
Common Stock/CLIR
2017-01-25$4.00/sh+27,668$110,672→ 166,008 total - Exercise of In-Money
Common Stock/CLIR
2017-01-25$4.00/sh+3,200$12,800→ 19,200 total(indirect: By IRA) - Exercise of In-Money
Warrant to Purchase Common Stock
2017-01-25+27,668→ 27,668 totalExercise: $4.00From: 2017-01-25Exp: 2019-01-25→ Common Stock (27,668 underlying) - Exercise of In-Money
Subscription Rights (Right to Purchase)
2016-12-27−27,668→ 0 totalExercise: $4.00From: 2016-12-27Exp: 2017-01-13→ See Footnote (27,668 underlying) - Exercise of In-Money
Subscription Rights (Right to Purchase)
2016-12-27−3,200→ 0 total(indirect: By IRA)Exercise: $4.00From: 2016-12-27Exp: 2017-01-13→ See Footnote (3,200 underlying) - Exercise of In-Money
Warrant to Purchase Common Stock
2017-01-25+3,200→ 3,200 total(indirect: By IRA)Exercise: $4.00From: 2017-01-25Exp: 2019-01-25→ Common Stock (3,200 underlying)
Footnotes (2)
- [F1]The common stock and the warrants reported on this Form 4 were acquired pursuant to the exercise of subscription rights 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]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.