Form 4 for CLIR ClearSign Technologies Corp
Accepted 2025-02-21 00:00:00 ET · period of report 2024-05-20 · accession 0001104659-25-016240 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-21 | 2024-05-20+ | CLIR | Hinds Brent | CFO | M - OptEx | — | +12.8K | 84.2K | +18% | — |
| DM | 2025-02-21 | 2024-05-20+ | CLIR | Hinds Brent | CFO | F - Tax | $1.11 | -4,675 | 80.5K | -5% | -$5,206 |
| DM | 2025-02-21 | 2024-05-20+ | CLIR | Hinds Brent | CFO | M - OptEx | $0.00 | -12.8K | 10.1K | -56% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-05-20 | M | A | 2,627 | — | 75,058 | D | — | — | (F1) Reflects the vesting of 2,627 performance-based restricted stock units ("PRSUs") 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 ClearSign Technologies Corporation 2021 Equity Incentive Plan (the "2021 Plan"). |
| 2 | Common | Common Stock | 2024-05-20 | F | D | 963 | $0.78 | 74,095 | D | — | — | (F2) Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of 2,627 PRSUs on May 20, 2024, and calculated based on the closing price of the Company's common stock, as reported on Nasdaq Stock Market, on May 20, 2024 of $0.78. |
| 3 | Common | Common Stock | 2025-02-02 | M | A | 10,127 | — | 84,222 | D | — | — | (F3) Reflects the vesting of 10,127 restricted stock units ("RSUs") out of the 30,380 RSUs granted to the reporting person on February 2, 2023, into an equal number of shares of the Company's common stock, without the payment of any consideration, pursuant to the 2021 Plan. |
| 4 | Common | Common Stock | 2025-02-02 | F | D | 3,712 | $1.20 | 80,510 | D | — | — | (F4) Represents the payment of the reporting person's tax liability by withholding shares in connection with the vesting of 10,127 RSUs on February 2, 2025, and calculated based on the closing price of the Company's common stock, as reported on Nasdaq Stock Market, on February 2, 2025 of $1.20. |
| 5 | Derivative | Restricted Stock Unit | 2024-05-20 | M | D | 2,627 | $0.00 | 0 | D | — · — to — | 2,627 Common Stock | (F5) On February 22, 2024, the reporting person was granted a one-time bonus of 2,627 PRSUs, and each PRSU represents a right to receive one share of common stock or the cash equivalent thereof. (F6) The PRSUs granted on February 22, 2024, vested on May 20, 2024, upon the achievement of certain performance targets established by the Company's compensation committee of the board of directors for the year ended December 31, 2024. |
| 6 | Derivative | Restricted Stock Unit | 2025-02-02 | M | D | 10,127 | $0.00 | 10,127 | D | — · — to — | 10,127 Common Stock | (F7) On February 2, 2023, the reporting person was granted a one-time bonus of 30,380 RSUs, and each RSU represents a right to receive one share of common stock or the cash equivalent thereof. (F8) The RSUs granted on February 2, 2023, vest in three equal annual installments that commenced on February 2, 2024. |