David M. Maley - 01 Jul 2024 Form 4 Insider Report for ClearSign Technologies Corp (CLIR)

Reporting relationship: Director
Issuer ticker: CLIR
Reported as of: 01 Jul 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Jul 2024, 18:30:11 UTC
Prior SEC filing: 25 Apr 2024
Next SEC filing: 03 Oct 2024
Source filing: View source filing
Reporting owner signature: /s/ David M. Maley

Key filing fact

David M. Maley filed Form 4 for ClearSign Technologies Corp (CLIR) on 03 Jul 2024.

Key facts

This page summarizes David M. Maley's Form 4 filing for ClearSign Technologies Corp (CLIR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 03 Jul 2024, 18:30.

Change

Previous filing in this sequence was filed on 25 Apr 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CLIR transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +22,001
Change %: +153%
Price: $0.000000
Shares after: 36,410
Date: 01 Jul 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 22,001
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The reporting person was granted restricted stock units ("RSUs") under the ClearSign Technologies Corporation 2021 Equity Incentive Plan, consisting of (i) 20,878 RSUs as compensation for services as a non-executive director during the quarter ending September 30, 2024, and (ii) 1,123 RSUs as compensation for services as a member of certain committees of the Issuer's board of directors during the quarter ended June 30, 2024, pro-rated based on an appointment date of May 3, 2024. Each RSU represents a right to receive one share of common stock or the cash equivalent thereof.

Footnote F2

The RSUs will vest upon the first to occur of: (1) a Change in Control (as defined in the applicable RSU award agreement), (2) the reporting person's Disability (as defined in the applicable RSU award agreement); (3) the reporting person's death; or (4) the reporting person's separation from service.