SEC Form 3 · accession 0001144204-18-047416
ClearSign Technologies Corp · CLIR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Michael Sock
Officer — SVP Business Development
Period of report
Aug 23, 2018
Accepted (ET)
Aug 31, 2018 · 6:07 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434524
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 3,380 | D |
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 | $1.90 | holding | — | — | — | — | Mar 31, 2028 | Common Stock | 20,000 | — | D |
Explanation of responses
- F1The right to purchase the option shares vests at the rate of 6.25% commencing on July 1, 2018 and on each quarterly (3-month) anniversary until the right to purchase all of the shares has vested on July 1, 2022.