John Walbrecht - Feb 3, 2022 Form 4 Insider Report for Clarus Corp (CLAR)

Role: President
Signature: /s/ John Walbrecht
Stock symbol: CLAR
Transactions as of: Feb 3, 2022
Transactions value $: $565,994
Form type: 4
Date filed: 2/7/2022, 03:16 PM
Next filing: Mar 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLAR	Common Stock, $.0001 par value ("Common Stock")	Award	$812K	+37.5K	+26.34%	$21.64	180K	Jan 28, 2022	Direct	F1
transaction	CLAR	Common Stock	Tax liability	-$246K	-11.3K	-6.31%	$21.64	169K	Feb 3, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	37,500 shares of Common Stock vested and became nonforfeitable on January 28, 2022 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on January 7, 2019 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for 20 consecutive trading days. The Restricted Stock Award and the schedule of Common Stock that may vest thereunder was previously reported.
F2	Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Walbrecht as a result of the vesting on January 28, 2022 of the Restricted Stock Award.

Content

37,500 shares of Common Stock vested and became nonforfeitable on January 28, 2022 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on January 7, 2019 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for 20 consecutive trading days. The Restricted Stock Award and the schedule of Common Stock that may vest thereunder was previously reported.

Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Walbrecht as a result of the vesting on January 28, 2022 of the Restricted Stock Award.