SEC Form 4 · accession 0001144204-15-020952
ClearSign Technologies Corp · CLIR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James N Harmon
Officer — Chief Financial Officer
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434524
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1 | $5.21 | Apr 1, 2015 | A | 12,000 | A | — | Apr 1, 2025 | Common Stock | 12,000 | 22,000 | D |
Explanation of responses
- F1The right to purchase the option shares vests at the rate of 6.25% commencing on July 1, 2015 and on each quarterly (3-month) anniversary until the right to purchase all of the option shares has vested on April 1, 2019.