4//SEC Filing
BAGLEY E BRYAN 4
Accession 0001437749-18-021729
CIK 0000840715other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 11:59 AM ET
Size
12.0 KB
Accession
0001437749-18-021729
Insider Transaction Report
Form 4
CLEARONE INCCLRO
BAGLEY E BRYAN
Director
Transactions
- Exercise of In-Money
Common Stock
2018-12-04$1.20/sh+70,403$84,484→ 109,176 total - Exercise of In-Money
Subscription Rights
2018-12-04−70,403→ 0 totalExercise: $1.20→ Common Stock (70,403 underlying) - Exercise of In-Money
Subscription Rights
2018-12-04−977,325.5→ 0 total(indirect: See footnote)Exercise: $1.20→ Common Stock (977,325.5 underlying) - Exercise of In-Money
Common Stock
2018-12-04$1.20/sh+977,325.5$1,172,791→ 1,581,411.5 total(indirect: See Footnote)
Footnotes (4)
- [F1]Consists of 7,262 shares of common stock acquired by Mr. Bagley's children, 606,905 shares of common stock that Mr. Bagley is deemed to have acquired because they are acquired by revocable trusts for which he acts as a co-trustee with his wife, and 363,158.50 shares that Mr. Bagley is deemed to have indirectly acquired because he has a pecuniary interest in that number of shares that were acquired by an irrevocable trust for which Mr. Bagley acts a co-trustee.
- [F2]Mr. Bagley's indirect ownership consists of 11,262 shares of common stock owned by Mr. Bagley's children, 1,006,991 shares of common stock that Mr. Bagley is deemed to indirectly own because they are in revocable trusts for which he acts as a co-trustee with his wife, and 563,158.50 shares that Mr. Bagley is deemed to indirectly own because he has a pecuniary interest in that number of shares that are held in a irrevocable trust for which Mr. Bagley acts a co-trustee.
- [F3]The subscription rights were exercisable through November 28, 2018 subject to acceptance by the issuer. The issuer accepted all validly tendered subscription rights on December 4, 2018
- [F4]Consists of 7,262 subscription rights exercised by Mr. Bagley's children, 606,905 subscription rights that Mr. Bagley is deemed to have exercised because they were exercised by revocable trusts for which he acts as a co-trustee with his wife, and 363,158.50 subscription rights that Mr. Bagley is deemed to have indirectly exercised because he has a pecuniary interest in that number of subscription rights that were exercised by an irrevocable trust for which Mr. Bagley acts a co-trustee.
Documents
Issuer
CLEARONE INC
CIK 0000840715
Entity typeother
Related Parties
1- filerCIK 0001262764
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 11:59 AM ET
- Size
- 12.0 KB