BELL LON E 4
4 · CLEARSIGN COMBUSTION CORP · Filed Jul 3, 2019
Insider Transaction Report
Form 4
BELL LON E
Director
Transactions
- Award
Option to Purchase Common Stock
2019-06-30+17,000→ 34,000 totalExercise: $1.00From: 2019-06-30Exp: 2029-04-01→ Common Stock (17,000 underlying)
Footnotes (1)
- [F1]On May 9, 2019 the Issuer's board of directors approved compensation to be paid to the Issuer's non-executive directors for services provided to the Issuer during 2019. The reporting person is an non-executive director. As compensation for their services, each non-executive director was awarded options for shares of common stock having an exercise price of $1.00. The total number of option shares awarded was based on the services provided by the director. These services include Board participation, committee participation, committee chair responsibilites and lead director responsibilities, if any. The right to purchase the common stock is earned in quarterly increments. The option was issued from the Company's 2011 Equity Incentive Plan