SEC Form 4 · accession 0001140361-16-057897
CLEARONE INC · CLRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zeynep Hakimoglu
Officer — PRESIDENT & CEO · Director
Period of report
Mar 11, 2016
Accepted (ET)
Mar 15, 2016 · 6:40 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 | $11.96 | Mar 11, 2016 | A | 50,000 | A | — | Mar 11, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1One-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.