CLEARSIGN COMBUSTION CORP 4
4 · CLEARSIGN COMBUSTION CORP · Filed Feb 14, 2017
Insider Transaction Report
Form 4
Kendrick Donald W
Senior VP of Technology
Transactions
- Award
Common Stock/CLIR
2017-02-10+20,833→ 29,233 total
Holdings
- 15,600(indirect: By IRA)
Common Stock/CLIR
Footnotes (1)
- [F1]On February 10, 2017, the reporting person was granted 20,833 shares of common stock, having a per share value of $3.60, the closing price of the Issuer's common stock on the date of grant, from the Company's 2011 Equity Incentive Plan as payment of a bonus approved by the Issuer's Compensation Committee. The Company has the right to repurchase the shares at a price of $0.0001 per share upon the termination of the reporting person's employment or other circumstances designated in the award agreement. The repurchase right expires on February 10, 2018.