Item 8.01. Other Events.
As previously reported on a Current Report on Form 8-K filed by ClearOne
Communications, Inc. (the "Company") with the Securities and Exchange Commission
on September 4, 2007, effective August 30, 2007 the Company's Chief Financial
Officer, Greg LeClaire, entered into 10b5-1(c) Stock Purchase Plan (the "Plan")
in connection with his participation in the Company's Employee Stock Purchase
Plan. The Plan provided that Mr. LeClaire shall terminate the Plan upon his
withdrawal from the Company's Employee Stock Purchase Plan. In connection with
his resignation as an officer of the Company, effective May 15, 2009, Mr.
LeClaire withdrew from the Company's Employee Stock Purchase Plan.
Notwithstanding termination of the Plan, Mr. LeClaire's trading, if any, in
shares of the Company's capital stock will remain subject to the restrictions
set forth in the Company's insider trading policy.