Robert Dee Etherington - Nov 4, 2022 Form 4 Insider Report for Clene Inc. (CLNN)

Signature
/s/ Jerry Miraglia POA
Stock symbol
CLNN
Transactions as of
Nov 4, 2022
Transactions value $
$0
Form type
4
Date filed
11/7/2022, 04:14 PM
Previous filing
Jul 19, 2022
Next filing
Jun 27, 2023

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 Stock Options (Right to buy) Award $0 +400K $0.00 400K Nov 4, 2022 Common Stock 400K $1.11 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option was granted on November 4, 2022 as an option for 400,000 shares of Common Stock under the Clene Inc. 2020 Stock Plan at an exercise price of $1.11 per share. The options vest with respect to the first 25% of such shares on November 4, 2023 and then in 36 equal installments of the balance of the shares of Common Stock on the 4th day of each calendar month thereafter beginning December 4, 2023 until such shares are fully vested.