Warren B. Kanders - Feb 3, 2022 Form 4 Insider Report for Clarus Corp (CLAR)

Signature
/s/ Warren B. Kanders
Stock symbol
CLAR
Transactions as of
Feb 3, 2022
Transactions value $
$1,673,897
Form type
4
Date filed
2/7/2022, 03:17 PM
Previous filing
Feb 14, 2022
Next filing
Feb 18, 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 $2.52M +117K +3.2% $21.64 3.76M Jan 28, 2022 Direct F1
transaction CLAR Common Stock Tax liability -$851K -39.3K -1.05% $21.64 3.72M Feb 3, 2022 Direct F2
holding CLAR Common Stock 10.9K Feb 3, 2022 As UTMA custodian for children F3
holding CLAR Common Stock 8.92K Feb 3, 2022 As JTWROS F3
holding CLAR Common Stock 2.03M Feb 3, 2022 Kanders GMP Holdings, LLC F3
holding CLAR Common Stock 125K Feb 3, 2022 As UTA trustee for spouse F3
holding CLAR Common Stock 100K Feb 3, 2022 By spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 116,667 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. Kanders as a result of the vesting on January 28, 2022 of the Restricted Stock Award.
F3 The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.