Brent Hinds - Feb 24, 2025 Form 4 Insider Report for ClearSign Technologies Corp (CLIR)

Signature
/s/ Brent Hinds
Stock symbol
CLIR
Transactions as of
Feb 24, 2025
Transactions value $
-$2,107
Form type
4
Date filed
2/25/2025, 07:00 PM
Previous filing
Feb 24, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLIR Common Stock Options Exercise +7.55K +6.68% 120K Feb 24, 2025 Direct F1
transaction CLIR Common Stock Tax liability -$2.11K -2.64K -2.19% $0.80 118K Feb 24, 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 Options Exercise $0 -7.55K -33.33% $0.00 15.1K Feb 24, 2025 Common Stock 7.55K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the vesting of 7,547 restricted stock units ("RSUs") out of the 22,641 RSUs granted to the reporting person on February 22, 2024, into an equal number of shares of the Company's common stock, without the payment of any consideration, pursuant to the Company's 2021 Equity Incentive Plan.
F2 Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of 7,547 RSUs on February 24, 2025, and calculated based on the closing price of the Company's common stock, as reported on Nasdaq Stock Market, on February 24, 2025, of $0.7994.
F3 On February 22, 2024, the reporting person was granted a one-time bonus of 22,641 RSUs, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof.
F4 The RSUs granted on February 22, 2024, vest in three equal annual installments that commenced on February 24, 2025.