CLEARONE INC — Director's Dealing 2016

Mar 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLEARONE INC (CLRO)
CIK: 0000840715
Period of Report: 2016-03-11

Reporting Person: Narayanan Narasimhan (SENIOR VP FINANCE)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-11	Stock Option (Right to Buy)	$11.96	A	25000	Acquired	2026-03-11	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4156	Direct

Footnotes

F1: Securities Beneficially Owned include 1,433 shares acquired pursuant to issuer's employee stock purchase plan on February 3, 2016 in a transaction exempt from Section 16 reporting requirements under Rule 16b-3.

F2: One-third of the options granted will vest on the first anniversary of the date of grant, which was March 11, 2016. The remaining options vest in equal monthly increments over the subsequent 24-month period.