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.