Brent Hinds - Feb 2, 2023 Form 4 Insider Report for ClearSign Technologies Corp (CLIR)

Role
VP and Controller
Signature
/s/ Brent Hinds
Stock symbol
CLIR
Transactions as of
Feb 2, 2023
Transactions value $
$0
Form type
4
Date filed
2/14/2023, 07:02 PM
Previous filing
Feb 9, 2022
Next filing
Feb 26, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLIR Common Stock Award $0 +59.1K $0.00 59.1K Feb 2, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CLIR Restricted Stock Unit Award $0 +30.4K $0.00 30.4K Feb 2, 2023 Common Stock 30.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a one-time bonus grant to reporting person for services as an executive officer for the year ended December 31, 2022. The number of shares awarded are based on the closing price of the Company's common stock on February 2, 2023 of $0.79.
F2 Represents a one-time bonus restricted stock unit ("RSUs") grant to reporting person for services as an executive officer for the year ended December 31, 2022, and each RSU represents a receive to receive one share of common stock or the cash equivalent thereof.
F3 The RSUs granted on February 2, 2023 vest in three equal annual installments on the first anniversary of the grant date.