CLEARONE INC — Director's Dealing 2011

May 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEARONE COMMUNICATIONS INC (CLRO)
CIK: 0000840715
Period of Report: 2011-05-23

Reporting Person: HENDRICKS LARRY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-23	COMMON STOCK	X	10000	$2.80	Acquired	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-23	Stock Option (Right to buy)	$2.80	X	9000	Disposed	2013-11-12	Common Stock (9000)	Direct
2011-05-23	Stock Option (Right to buy)	$2.80	X	750	Disposed	2013-11-12	Common Stock (750)	Direct
2011-05-23	Stock Option (Right to buy)	$2.80	X	250	Disposed	2013-11-12	Common Stock (250)	Direct