ISAACSON SCOTT P 4
4 · CLEARSIGN COMBUSTION CORP · Filed Jul 3, 2018
Insider Transaction Report
Form 4
ISAACSON SCOTT P
Director
Transactions
- Award
Common Stock/CLIR
2018-06-29+13,514→ 94,422 total
Footnotes (1)
- [F1]On May 3, 2018 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 for services provided to the Issuer during 2018, each independent director was granted 27,027 shares of common stock having a per share value of $1.85, the closing price of the Issuer's common stock on the date of grant. The common stock is earned in quarterly increments and is issued on the last business day of each calendar quarter. The shares of common stock are issued from the Company's 2011 Equity Incentive Plan. Because the grant was approved in the second quarter, the shares of common stock for both the first and second quarter of 2018 were issued on June 29, 2018.