Robert Glanzman - 16 May 2022 Form 4 Insider Report for Clene Inc. (CLNN)

Signature
/s/ Jerry Miraglia POA
Issuer symbol
CLNN
Transactions as of
16 May 2022
Transactions value $
-$9,576
Form type
4
Filing time
18 May 2022, 08:34:58 UTC
Previous filing
16 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLNN Common Stock Sale -$9,575 -4,717 -31% $2.03 10,564 16 May 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 represent shares of common stock of Clene Inc. required to by sold by Mr. Glanzman to satisfy tax withholding obligations in connection with the vesting of restricted stock awards. The sale occurred automatically to satisfy the tax withholding obligation to be funded by a "sell to cover" transaction pursuant to a Rule 10b5-1 trading plan and does not represent a discretionary transaction by Mr. Glanzman.