CLEARONE INC — Director's Dealing 2012

May 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEARONE COMMUNICATIONS INC (CLRO)
CIK: 0000840715
Period of Report: 2012-05-18

Reporting Person: BAGLEY E BRYAN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-18	COMMON STOCK	P	12083	$2.65	Acquired	336963	Direct
2012-05-18	COMMON STOCK	P	6388	$3.004	Acquired	343351	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-18	COMMON STOCK	$2.65	X	12083	Disposed	2019-11-30	COMMON STOCK (12083)	Direct
2012-05-18	COMMON STOCK	$3.004	X	6388	Disposed	2020-05-26	COMMON STOCK (6388)	Direct