0001140361-17-027740.txt : 20170713
0001140361-17-027740.hdr.sgml : 20170713
20170713115116
ACCESSION NUMBER: 0001140361-17-027740
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170711
FILED AS OF DATE: 20170713
DATE AS OF CHANGE: 20170713
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CLEARONE INC
CENTRAL INDEX KEY: 0000840715
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661]
IRS NUMBER: 870398877
STATE OF INCORPORATION: UT
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5225 WILEY POST WAY
STREET 2: SUITE 500
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84116
BUSINESS PHONE: 8019757200
MAIL ADDRESS:
STREET 1: 5225 WILEY POST WAY
STREET 2: SUITE 500
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84116
FORMER COMPANY:
FORMER CONFORMED NAME: CLEARONE COMMUNICATIONS INC
DATE OF NAME CHANGE: 20020204
FORMER COMPANY:
FORMER CONFORMED NAME: GENTNER COMMUNICATIONS CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: GENTNER ELECTRONICS CORP
DATE OF NAME CHANGE: 19910808
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HAKIMOGLU ZEYNEP
CENTRAL INDEX KEY: 0001271904
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33660
FILM NUMBER: 17963005
MAIL ADDRESS:
STREET 1: 5225 WILEY POST WAY, SUITE 500
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84116
4
1
doc1.xml
FORM 4
X0306
4
2017-07-11
0
0000840715
CLEARONE INC
CLRO
0001271904
HAKIMOGLU ZEYNEP
5225 WILEY POST WAY, SUITE 500
SALT LAKE CITY
UT
84116
1
1
0
0
PRESIDENT & CEO
Common Stock
2017-07-11
4
F
0
31866
A
194918
D
Common Stock
2017-07-11
4
M
0
50000
A
244918
D
Common Stock
2017-07-11
4
F
0
8515
A
236403
D
Stock Option (Right to Buy)
6.15
2017-07-11
4
M
0
50000
6.15
D
2008-08-14
2017-08-14
Common Stock
50000
0
D
On July 11, 2017, the reporting person exercised options to purchase 50,000 shares of common stock at an exercise price of $6.15 per share (the "Options"). As payment of the exercise price of the Options, the reporting person forfeited to the issuer 31,866 shares of common stock beneficially owned by the reporting person prior to the exercise of the Options with a market value equal to the exercise price for the Options based on the closing price of the issuer's common stock as reported on the Nasdaq Capital Market on the date of exercise.
In connection with the exercise of the Options, the issuer withheld 8,515 shares in satisfaction of U.S. federal income tax withholding obligations with respect to the exercise of the Options.
/s/ Zeynep Hakimoglu
2017-07-13