CLEARONE INC — Director's Dealing 2016

Mar 19, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEARONE INC (CLRO)
CIK: 0000840715
Period of Report: 2016-03-17

Reporting Person: Narayanan Narasimhan (SENIOR VP FINANCE)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-17	Stock Option (Right to Buy)	$2.78	D	10000	Disposed	2019-08-27	Common Stock (10000)	Direct

Footnotes

F1: Under terms approved by the Board of Directors of the Company, the Company repurchased from the Reporting Person the referenced stock options at a purchase price equal to $12.18 less the exercise price of the stock options.