U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF OWNERSHIP
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FORM 3 OMB APPROVAL
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OMB Number: 3235-0104
Expires: January 31, 2005
Estmated average burden
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 Holding Company Act of 1935
or Section 30(h) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Keough Mike D.
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(Last) (First) (Middle)
2512 Havon Lane
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(Street)
Salt Lake City UT 84117
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
11/18/2002
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3. IRS or Identification Number of Reporting Person, if an entity (voluntary)
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4. Issuer Name and Ticker or Trading Symbol
CLEARONE COMMUNICATIONS, INC. (CLRO)
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5. Relationship of Reporting Persons to Issuer (Check all applicable)
Director 10% Owner
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X Officer (give title below) Other (specify below)
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Interim Co-Chief Executive Officer
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5. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X 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. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial Ownership
(Instr. 4) Indirect (I) (Instr. 5)
(Instr. 5)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
5(b)(v).
Persons who respond to the collection of information contained in this form are
not required to respond unless the form displays a currently valid OMB control
number.
(Over)
SEC 1473 (7-02)
FORM 3 (continued)
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Date Exercisable 3. Title and Amount of 4. Conversion of 5. Ownership 6. Nature of
Security and Expiration Securities Underlying Exercise Price Form of Indirect
(Instr. 4) Date Derivative Security of Derivative Derivative Beneficial
(Month/Day/Year) (Instr. 4) Security Security: Ownership
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Date Expira- Amount or or Indirect
Exer- tion Title Number of (I)
cisable Date Shares (Instr. 5)
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Option to purchase one 11/18/03 11/17/12 Common 50,000 $3.75 D
share Stock
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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.
/s/Mike Keough 2/11/03
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**Signature of Reporting Person Date
