Brent Hinds - Feb 2, 2024 Form 4 Insider Report for ClearSign Technologies Corp (CLIR)

Role
Chief Financial Officer
Signature
/s/ Brent Hinds
Stock symbol
CLIR
Transactions as of
Feb 2, 2024
Transactions value $
-$3,749
Form type
4
Date filed
2/6/2024, 04:45 PM
Previous filing
Feb 14, 2023
Next filing
Apr 10, 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 Options Exercise +10.1K +17.12% 69.3K Feb 2, 2024 Direct F1, F2
transaction CLIR Common Stock Tax liability -$3.75K -3.71K -5.36% $1.01 65.5K Feb 2, 2024 Direct F3

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 Options Exercise $0 -10.1K -33.33% $0.00 20.3K Feb 2, 2024 Common Stock 10.1K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of 10,126 restricted stock units ("RSUs").
F2 RSUs convert to common stock on a one-for-one basis.
F3 Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the RSUs that vested on February 2, 2024.
F4 On February 2, 2023, the reporting person was granted 30,380 RSUs as a one-time bonus for services as an executive officer for the year ended December 31, 2022, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
F5 The RSUs granted on February 2, 2023 vest in three equal annual installments commencing on the first anniversary of the grant date.