SEC Form 4 · accession 0001140361-16-076883
CLEARONE INC · CLRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric L Robinson
Director
Period of report
Aug 12, 2016
Accepted (ET)
Aug 16, 2016 · 4:15 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 | $11.22 | Aug 12, 2016 | A | 10,000 | A | — | Aug 12, 2026 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1One-third of the options granted will vest on the first anniversary of the date of grant, which is August 12, 2017. The remaining options will vest in equal monthly increments over the subsequent 24-month period.