ClearSign Technologies Corp — Director's Dealing 2014

Apr 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEARSIGN COMBUSTION CORP (CLIR)
CIK: 0001434524
Period of Report: 2014-03-31

Reporting Person: ISAACSON SCOTT P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-31	Common Stock	A	1218	$10.26	Acquired	18151	Direct

Footnotes

F1: On February 7, 2014 the Issuer's board of directors approved annual compensation for the Issuer's independent directors. The reporting person is an independent director. As partial compensation, each independent director will receive a total of 4,875 shares of common stock. The shares of common stock will be issued from the Company's 2011 Equity Incentive Plan and are held in escrow until the shares are earned. The shares are earned on a quarterly basis and are released to the independent directors on the last day of each fiscal quarter. Following the completion of the reporting person's service during the quarter, the shares shall be released as follows: (i) 1,218 shares were released on March 31, 2014; (ii) 1,219 shares shall be released on June 30, 2014; (iii) 1,219 shares shall be released on September 30, 2014; and (iv) 1,219 shares shall be released on December 31, 2014.