DAVID J. MATLIN - 06 Dec 2021 Form 4 Insider Report for Clene Inc. (CLNN)

Role
Director
Signature
/s/ Jerry Miraglia POA
Issuer symbol
CLNN
Transactions as of
06 Dec 2021
Transactions value $
$625
Form type
4
Filing time
08 Dec 2021, 11:17:01 UTC
Previous filing
17 Nov 2021
Next filing
10 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLNN Common Stock Exercise of in-the-money or at-the-money derivative security $125 +12,500 +0.88% $0.0100* 1,436,397 06 Dec 2021 Direct F1
transaction CLNN Common Stock Exercise of in-the-money or at-the-money derivative security $500 +50,000 +50% $0.0100* 150,000 06 Dec 2021 By trust F2, 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 CLNN Warrants (Right to buy) Exercise of in-the-money or at-the-money derivative security $0 -12,500 -100% $0.000000* 0 06 Dec 2021 Common Stock 12,500 $0.0100 Direct F1
transaction CLNN Warrants (Right to buy) Exercise of in-the-money or at-the-money derivative security $0 -50,000 -100% $0.000000* 0 06 Dec 2021 Common Stock 50,000 $0.0100 By trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Matlin exercised his warrant right and acquired 12,500 shares of common stock of Clene Inc for $0.01 per share.
F2 The Matlin Family Trust 2020 exercised its warrant right and acquired 50,000 shares of common stock of Clene Inc for $0.01 per share.
F3 The securities are owned by the Matlin Family Trust 2020. Mr. Matlin is the trustee of the Matlin Family Trust 2020. The shares owned by the Matlin Family Trust 2020 may be deemed to be beneficially owned by Mr. Matlin.