Mark Mortenson - Jun 16, 2022 Form 4 Insider Report for Clene Inc. (CLNN)

Role
Chief Science Officer
Signature
/s/ Jerry Miraglia POA
Stock symbol
CLNN
Transactions as of
Jun 16, 2022
Transactions value $
-$50,010
Form type
4
Date filed
6/17/2022, 03:33 PM
Previous filing
Feb 16, 2022
Next filing
Nov 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLNN Common Stock Sale -$50K -20.2K -10.71% $2.47 169K Jun 16, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 represent shares of common stock of Clene Inc. required to by sold by Mr. Mortenson to satisfy tax withholding obligations in connection with the vesting of 50,082 restricted stock awards. The sale occurred automatically to satisfy the tax withholding obligation to be funded by a "sell to cover" transaction pursuant to a Rule 10b5-1 trading plan.