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: HAKIMOGLU ZEYNEP (Director, PRESIDENT & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-18	Common Stock	M	56000	$3.65	Acquired	204853	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-17	Stock Option (Right to Buy)	$3.65	D	94000	Disposed	2016-09-18	Common Stock (94000)	Direct
2016-03-18	Stock Option (Right to Buy)	$3.65	M	56000	Disposed	2016-09-18	Common Stock (56000)	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 of $12.18 less the exercise price of the stock options.