Brent Hinds - 02 Feb 2023 Form 4 Insider Report for ClearSign Technologies Corp (CLIR)

Signature
/s/ Brent Hinds
Issuer symbol
CLIR
Transactions as of
02 Feb 2023
Net transactions value
$0
Form type
4
Filing time
14 Feb 2023, 19:02:58 UTC
Previous filing
09 Feb 2022
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLIR Common Stock Award $0 +59,135 $0.000000 59,135 02 Feb 2023 Direct F1

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 CLIR Restricted Stock Unit Award $0 +30,380 $0.000000 30,380 02 Feb 2023 Common Stock 30,380 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a one-time bonus grant to reporting person for services as an executive officer for the year ended December 31, 2022. The number of shares awarded are based on the closing price of the Company's common stock on February 2, 2023 of $0.79.
F2 Represents a one-time bonus restricted stock unit ("RSUs") grant to reporting person for services as an executive officer for the year ended December 31, 2022, and each RSU represents a receive to receive one share of common stock or the cash equivalent thereof.
F3 The RSUs granted on February 2, 2023 vest in three equal annual installments on the first anniversary of the grant date.