Robert Dee Etherington - Feb 15, 2022 Form 4 Insider Report for Clene Inc. (CLNN)

Role
Chief Executive Officer, Director
Signature
/s/ Jerry Miraglia POA
Stock symbol
CLNN
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/16/2022, 07:59 AM
Previous filing
Nov 4, 2021
Next filing
Jul 19, 2022
SEC
View on sec.gov

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 Stock Options (Right to buy) Award $0 +69.7K $0.00 69.7K Feb 15, 2022 Common Stock 69.7K $3.04 Direct F1
transaction CLNN Stock Options (Right to buy) Award $0 +480K $0.00 480K Feb 15, 2022 Common Stock 480K $3.04 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option was granted on February 15, 2022 as an option for 69,652 shares of Common Stock under the Clene Inc. 2020 Stock Plan at an exercise price of $3.04 per share. The options shall vest immediately upon grant.
F2 This option was granted on February 15, 2022 as an option for 480,000 shares of Common Stock under the Clene Inc. 2020 Stock Plan at an exercise price of $3.04 per share. The options vest with respect to the first 25% of such shares on February 15, 2023 and then in 36 equal installments of the balance of the shares of Common Stock on the 15th day of each calendar month thereafter beginning March 15, 2023 until such shares are fully vested.