Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLNE | Stock Option (Right to Buy) | Award | $0 | +150K | $0.00 | 150K | Dec 7, 2021 | Common Stock | 150K | $6.77 | By Family Trust | F1 | |
transaction | CLNE | Stock Option (Right to Buy) | Award | $0 | +150K | $0.00 | 150K | Dec 7, 2021 | Common Stock | 150K | $6.77 | By Family Trust | F2 | |
transaction | CLNE | Stock Option (Right to Buy) | Award | $0 | +375K | $0.00 | 375K | Dec 7, 2021 | Common Stock | 375K | $6.77 | By Family Trust | F3 |
Id | Content |
---|---|
F1 | 25% of the total shares subject to the stock option award vest upon each achievement of a specific volume hurdle related to securing certain levels of gasoline gallon equivalents. |
F2 | 34% of the total shares subject to the stock option award vest on the first anniversary of the date of grant, and 33% vest on each anniversary thereafter until the award is fully vested. |
F3 | 100% of the total shares subject to the stock option award vest immediately, if at all, if the closing share price of the Issuer's common stock on the Nasdaq Stock Market LLC equals or exceeds $14.00 for 20 consecutive trading days. |