SEC Form 4 · accession 0001140361-16-078229
CLEARONE INC · CLRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Braithwaite
Officer — Chief Strategy Officer
Period of report
Aug 30, 2016
Accepted (ET)
Aug 30, 2016 · 5:17 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 | $10.51 | Aug 30, 2016 | A | 7,500 | A | — | Aug 30, 2026 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1One-third of the options granted will vest on the first anniversary of the date of grant, which is August 30, 2017. The remaining options will vest in equal monthly increments over the subsequent 24-month period.