CLEARONE INC 4
4 · CLEARONE INC · Filed Mar 15, 2016
Insider Transaction Report
Form 4
CLEARONE INCCLRO
Narayanan Narasimhan
VP FINANCE
Transactions
- Award
Stock Option (Right to Buy)
2016-03-11+25,000→ 25,000 totalExercise: $11.96Exp: 2026-03-11→ Common Stock (25,000 underlying)
Holdings
- 4,156
Common Stock
Footnotes (2)
- [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.