Alison Mosca - Sep 30, 2024 Form 4 Insider Report for Clene Inc. (CLNN)

Role
Director
Signature
/s/ Alison Mosca
Stock symbol
CLNN
Transactions as of
Sep 30, 2024
Transactions value $
$749,999
Form type
4
Date filed
10/2/2024, 04:12 PM
Previous filing
Jun 10, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLNN Common Stock Award $730K +159K +98.28% $4.59 321K Sep 30, 2024 By LLC F1, F2
holding CLNN Common Stock 1.97K Sep 30, 2024 Direct F3
holding CLNN Common Stock 150K Sep 30, 2024 By LP F4, F5
holding CLNN Common Stock 73K Sep 30, 2024 By Trust F6, F7

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 Common Stock Purchase Warrant (Right to buy) Award $19.9K +159K $0.13 159K Sep 30, 2024 Common Stock 159K $4.82 By LLC F2
* 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 ownership in the previously disclosed 3,238,375 shares of common stock indirectly owned being reduced to 161,918 shares.
F2 The securities are owned by Kensington Clene 2021, LLC. Ms. Mosca is the sole manager of and owns a minority interest in Kensington Clene 2021, LLC. The shares owned by Kensington Clene 2021, LLC may be deemed to be beneficially owned by Ms. Mosca. Ms. Mosca disclaims all shares owned by Kensington Clene 2021, LLC for which she does not have a pecuniary or profits interest.
F3 On July 11, 2024, the common stock of Clene Inc. underwent a 1-for-20 reverse stock split, resulting in the reporting person's ownership in the previously disclosed 39,476 shares of common stock being reduced to 1,973 shares.
F4 On July 11, 2024, the common stock of Clene Inc. underwent a 1-for-20 reverse stock split, resulting in the reporting person's ownership in the previously disclosed 3,006,671 shares of common stock indirectly owned being reduced to 150,333 shares.
F5 The securities are owned by the Kensington Investments, L.P. Ms. Mosca is the chief executive officer of Kensington Investments, L.P. The shares owned by the Kensington Investments, L.P. may be deemed to be beneficially owned by Ms. Mosca. Ms. Mosca disclaims all shares owned by Kensington Investments, L.P. , for which she does not have a pecuniary or profits interest.
F6 On July 11, 2024, the common stock of Clene Inc. underwent a 1-for-20 reverse stock split, resulting in the reporting person's ownership in the previously disclosed 1,459,945 shares of common stock indirectly owned being reduced to 72,997 shares.
F7 The securities are owned by the Robert C. Gay 1998 Family Trust. Ms. Mosca is the trustee of the Robert C. Gay 1998 Family Trust. The shares owned by the Robert C. Gay 1998 Family Trust may be deemed to be beneficially owned by Ms. Mosca. Ms. Mosca has no pecuniary or profits interest in the shares held by the Robert C. Gay 1998 Family Trust.