SEC Form 4 · accession 0001140361-15-018580
CLEARONE INC · CLRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Braithwaite
Officer — Senior VP Multimedia Streaming
Period of report
May 1, 2015
Accepted (ET)
May 8, 2015 · 9:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000840715
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $12.98 | May 1, 2015 | A | 10,000 | A | — | May 1, 2025 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1One-third of the options vest on the first anniversary of the date of grant, which was May 1, 2015. The remaining options vest equally over the 24 months following the first anniversary of the date of grant.