DAVID J. MATLIN - 30 Sep 2024 Form 4 Insider Report for Clene Inc. (CLNN)

Role
Director
Signature
/s/ Jerry Miraglia POA
Issuer symbol
CLNN
Transactions as of
30 Sep 2024
Transactions value $
$449,997
Form type
4
Filing time
02 Oct 2024, 12:58:21 UTC
Previous filing
21 Aug 2024
Next filing
03 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLNN Common Stock Purchase $438,458 +92,307 +26% $4.75 444,491 30 Sep 2024 Direct F1
holding CLNN Common Stock 7,500 30 Sep 2024 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) Award $11,538 +92,307 $0.125 92,307 30 Sep 2024 Common Stock 92,307 $4.82 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 11, 2024, the common stock of Clene Inc. underwent a 1-for-20 reverse stock split, resulting in the reporting person's previously owned 7,043,686 shares of common stock being reduced to 352,184 shares of common stock.
F2 On July 11, 2024, the common stock of Clene Inc. underwent a 1-for-20 reverse stock split, resulting in the reporting person's previously owned 150,000 shares of common being reduced to 7,500 shares of common stock.
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.