Mazin Sabra - 06 Mar 2023 Form 4 Insider Report for ClearPoint Neuro, Inc. (CLPT)

Role
Chief Operating Officer
Signature
/s/ Richard F. Mattern, by Power of Attorney for Mazin Sabra
Issuer symbol
CLPT
Transactions as of
06 Mar 2023
Net transactions value
$0
Form type
4
Filing time
08 Mar 2023, 15:51:02 UTC
Previous filing
11 Oct 2022
Next filing
05 Jul 2023
SEC
View on sec.gov

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 CLPT Stock Options (right to buy) Award $0 +11,522 $0.000000 11,522 06 Mar 2023 Common Stock 11,522 $8.10 Direct F1
transaction CLPT Restricted Stock Units Award $0 +34,567 $0.000000 34,567 06 Mar 2023 Common Stock 34,567 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to this option vest as follows: (i) 20% of the total shares on the first anniversary of the grant date; (ii) 40% of the total shares on the second anniversary of the grant date; and (iii) 40% of the total shares on the third anniversary of the grant date.
F2 Each restricted stock unit represents a contingent right to receive one share of CLPT common stock.
F3 The restricted stock units vest as follows: (i) 20% of the total shares on the first anniversary of the grant date; (ii) 40% of the total shares on the second anniversary of the grant date; and (iii) 40% of the total shares on the third anniversary of the grant date.