SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): January 17, 2013

 

 

CLEARSIGN COMBUSTION CORPORATION

(Exact name of registrant as specified in Charter)

 

 

 

Washington   001-35521   26-2056298

(State or other jurisdiction of

incorporation or organization)

   (Commission File No.)   (IRS Employee Identification No.)

 

12870 Interurban Avenue South

Seattle, Washington 98168

(Address of Principal Executive Offices)

 

206-673-4848

(Issuer Telephone number)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2 below).

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

 

¨Pre-commencement communications pursuant to Rule 13e-(c) under the Exchange Act (17 CFR 240.13(e)-4(c))

 

 
 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On January 17, 2013, ClearSign Combustion Corporation (the "Company") made the following grants of stock options from the ClearSign Combustion Corporation 2011 Equity Incentive Plan:

 

Name and Title Number of Option Shares
   
Richard Rutkowski, Chief Executive Officer 50,000
James N. Harmon, Chief Financial Officer 13,340
Geoffrey D. Osler, Chief Marketing Officer 21,840
Joseph Colannino, Chief Technology Officer 29,730

 

The exercise price of the options is $4.88, the closing price of the Company's common stock on January 17, 2013. The options expire on December 31, 2022. The right to purchase the option shares vests at the rate of 6.25% at the end of each calendar quarter, beginning on March 31, 2013, and continues until the right to purchase all of the option shares has vested.

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: January 18, 2013

 

  CLEARSIGN COMBUSTION CORPORATION  
       
       
       
  By: /s/ James N. Harmon  
    James N. Harmon  
    Chief Financial Officer