ClearSign Technologies Corp — Director's Dealing 2019

Jul 3, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEARSIGN COMBUSTION CORP (CLIR)
CIK: 0001434524
Period of Report: 2019-06-30

Reporting Person: SIMMONS JAMES M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-06-30	Option to Purchase Common Stock	$1.00	A	16250	Acquired	2029-04-01	Common Stock (16250)	Direct

Footnotes

F1: On May 9, 2019 the Issuer's board of directors approved compensation to be paid to the Issuer's non-executive directors for services provided to the Issuer during 2019. The reporting person is an non-executive director. As compensation for their services, each non-executive director was awarded options for shares of common stock having an exercise price of $1.00. The total number of option shares awarded was based on the services provided by the director. These services include Board participation, committee participation, committee chair responsibilites and lead director responsibilities, if any. The right to purchase the common stock is earned in quarterly increments. The option was issued from the Company's 2011 Equity Incentive Plan.