Brent Hinds - Feb 20, 2025 Form 4 Insider Report for ClearSign Technologies Corp (CLIR)

Signature
/s/ Brent Hinds
Stock symbol
CLIR
Transactions as of
Feb 20, 2025
Transactions value $
-$16,109
Form type
4
Date filed
2/24/2025, 08:00 PM
Previous filing
Feb 21, 2025
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLIR Common Stock Award $0 +51.2K +63.56% $0.00 132K Feb 20, 2025 Direct F1
transaction CLIR Common Stock Tax liability -$16.1K -18.8K -14.24% $0.86 113K Feb 20, 2025 Direct F2

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 +27.9K $0.00 27.9K Feb 20, 2025 Common Stock 27.9K Direct F3, F4
* 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 the reporting person for services as an executive officer for the year ended December 31, 2024. The number of shares awarded is based on the closing price of the Company's common stock on February 20, 2025, of $0.8588.
F2 Represents the payment of the reporting person's tax liability by withholding shares incident to the receipt of the Company's common stock issued on February 20, 2025, based on the closing price of the Company's common stock on February 20, 2025, of $0.8588.
F3 Represents a one-time bonus restricted stock units ("RSUs") grant to reporting person for services as an executive officer for the year ended December 31, 2024, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
F4 The RSUs granted on February 20, 2025, vest in three equal installments commencing on the first anniversary of the grant date.