Hamish Norton - Mar 9, 2022 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role: Director
Signature: /s/ Hamish Norton
Stock symbol: CDRE
Transactions as of: Mar 9, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/11/2022, 03:32 PM
Previous filing: Nov 3, 2021
Next filing: Mar 22, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CDRE	Stock Option (right to purchase)	Award	$0	+16K		$0.00	16K	Mar 9, 2022	Common Stock	16K	$23.45	Direct	F1
transaction	CDRE	Phantom Stock	Award	$0	+23.5K		$0.00	23.5K	Mar 9, 2022	Common Stock	23.5K		Direct	F2

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

Explanation of Responses:

Id	Content
F1	These options to purchase shares of Cadre Holdings, Inc. (the "Issuer") common stock, $0.0001 par value per share (the "Common Stock"), were granted under the Issuer's 2021 Stock Incentive Plan. Options to purchase 4,000 shares of the Issuer's Common Stock and will vest and become exercisable in four equal consecutive quarterly tranches on each of March 31, 2022, June 30, 2022, September 30, 2022 and December 31, 2022.
F2	Phantom stock award granted under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 23,500 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Common Stock. 7,834 shares of phantom stock will vest and become non-forfeitable on March 18, 2022 and 7,833 shares of phantom stock will vest and become non-forfeitable on each of March 18, 2023 and March 18, 2024.

Content

These options to purchase shares of Cadre Holdings, Inc. (the "Issuer") common stock, $0.0001 par value per share (the "Common Stock"), were granted under the Issuer's 2021 Stock Incentive Plan. Options to purchase 4,000 shares of the Issuer's Common Stock and will vest and become exercisable in four equal consecutive quarterly tranches on each of March 31, 2022, June 30, 2022, September 30, 2022 and December 31, 2022.

Phantom stock award granted under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 23,500 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Common Stock. 7,834 shares of phantom stock will vest and become non-forfeitable on March 18, 2022 and 7,833 shares of phantom stock will vest and become non-forfeitable on each of March 18, 2023 and March 18, 2024.