U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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FORM 4 OMB APPROVAL
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[ ] Check this box if no longer OMB Number: 3235-0287
subject to Section 16. Form 4 Expires: December 31, 2001
or Form 5 obligations may continue. Estmated average burden
See Instruction 1(b). hours per response.....0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility 1(b). Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
FLOOD FRANCES M
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(Last) (First) (Middle)
3594 OAD WOOD DR
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(Street)
PARK CITY UT 84060
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
CLEARONE COMMUNICATIONS (CLRO)
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3. IRS or Identification Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
10/29/2002
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Persons to Issuer (Check all applicable)
X Director 10% Owner
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X Officer (give title below) Other (specify below)
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CHIEF EXECUTIVE OFFICER
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7. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature
(Instr. 3) action tion or Disposed of (D) Securities Form: of
Date Code (Instr. 3, 4 and 5) Beneficially Direct Indirect
(Instr. Owned at End (D) or Bene-
8) of Month Indirect ficial
(Month/ (Instr. 3 (I) Owner-
Day/ and 4) (Instr. ship
Year) 4) (Instr.
4)
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(A)
Code V Amount or (D) Price
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COMMON STOCK 10/29/02 M 10,000 A $2.66 69,509
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COMMON STOCK 10/28/02 P 2,000 A $3.73 71,509
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COMMON STOCK 10/28/02 P 1,000 A $3.74 72,509
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Over)
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FORM 4 (continued)
TABLE II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date 7. Title and 8. Price
Security (Instr. 3) sion actio action Deriv- Exercisable Amount of of
or Date Code ative and Underlying Deriv-
Exercise (Month/ (Instr. Securities Expiration Securities ative
Price Day/ 8) Acquired Date (Instr. 3 and 4) Secur-
of Year) (A) or (Month/Day/ ity
Deri- Disposed of Year) (Instr
vative (D) 5)
Security (Instr. 3,
4 and 5)
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Code V (A) (D) Date Expira- Title Amount
Exer- tion or
cisable Date Number
of Shares
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OPTION TO PURCHASE $2.66 10/29/02 M 10,000 7/1/99 6/10/08 COMMON 84,100
ONE SHARE OF STOCK 6/30/04 STOCK
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FORM 4 (continued)
TABLE II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. Number 10. Owner- 11. Na-
of De- ship ture
rivative Form of
Securi- of In-
ties Deriva- direct
Ben- tive Bene-
eficially Se- ficial
Owned curity: Own-
at End Direct ership
of (D) (Instr.
Month or 4)
(Instr. Indirect
4) (I)
(Instr.
4)
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Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
By: /S/ FRANCES M FLOOD 10/01/2002
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**Signature of Reporting Person Date
