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CLIR ClearSign Technologies Corporation

0.7657
-0.0415 (-5.14%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ClearSign Technologies Corporation NASDAQ:CLIR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0415 -5.14% 0.7657 0.7401 0.7734 0.845 0.7401 0.845 232,762 00:58:26

Statement of Changes in Beneficial Ownership (4)

12/01/2021 10:01pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Fike Brian Grant
2. Issuer Name and Ticker or Trading Symbol

ClearSign Technologies Corp [ CLIR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

12870 INTERURBAN AVENUE SOUTH
3. Date of Earliest Transaction (MM/DD/YYYY)

1/10/2021
(Street)

SEATTLE, WA 98168
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1/10/2021  A  14837 (1)A$3.37 15837 D  
Common Stock 1/10/2021  F  5765 (2)D$3.37 10071 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) These shares were issued by ClearSign Technologies Corporation ("ClearSign") as payment for the reporting person's annual bonus compensation approved by the Compensation Committee of the Board of Directors of ClearSign on January 10, 2021. The number of shares was determined by dividing the bonus amount by the closing price of ClearSign's common stock on January 8, 2021.
(2) Represents shares of ClearSign common stock withheld to satisfy the reporting person's tax withholding obligation.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Fike Brian Grant
12870 INTERURBAN AVENUE SOUTH
SEATTLE, WA 98168


Chief Financial Officer

Signatures
/s/ Brian Fike1/12/2021
**Signature of Reporting PersonDate

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