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CLEARONE INC Director's Dealing 2014

Dec 17, 2014

35252_dirs_2014-12-16_7a56f05f-83e9-4df3-b587-556d2c38fe0f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEARONE INC (CLRO)
CIK: 0000840715
Period of Report: 2014-03-11

Reporting Person: HAKIMOGLU ZEYNEP (Director, PRESIDENT & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-11 Common Stock M 60000 $5.55 Acquired 159181 Direct
2014-12-12 Common Stock S 6246 $9.92 Disposed 152935 Direct
2014-12-15 Common Stock S 6000 $9.55 Disposed 146935 Direct
2014-12-16 Common Stock S 4754 $9.53 Disposed 142181 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-11 Stock Option (Right to Buy) $5.55 M 60000 Disposed 2014-07-26 Common Stock (60000) Direct

Footnotes

F1: The price represents the weighted average sales price for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $9.92 to $9.93. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.

F2: The price represents the weighted average sales price for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $9.50 to $9.61. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.

F3: The price represents the weighted average sales price for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $9.50 to $9.60. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.

F4: One-third of the options vested on the first anniversary of the date of grant, which was July 26, 2004. The remaining options vested in equal monthly increments over the subsequent 24-month period.

F5: These shares were sold under a Rule 10b5-1 plan.