Blaine Browers - Mar 18, 2022 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Blaine Browers
Stock symbol
CDRE
Transactions as of
Mar 18, 2022
Transactions value $
$838,925
Form type
4
Date filed
3/22/2022, 04:16 PM
Previous filing
Mar 17, 2022
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDRE Common Stock, $.0001 par value ("Common Stock") Options Exercise $1.39M +55.3K +268.33% $25.05 76K Mar 18, 2022 Direct
transaction CDRE Common Stock Tax liability -$547K -21.8K -28.76% $25.05 54.1K Mar 18, 2022 Direct

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 Phantom Stock Options Exercise $0 -55.3K -33.33% $0.00 111K Mar 18, 2022 Common Stock 55.3K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 9, 2022, the Reporting Person was granted a phantom stock award under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 166,000 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Common Stock. 55,334 shares of phantom stock vest and become non-forfeitable on March 18, 2022, and 55,333 shares of phantom stock vest and become non-forfeitable on March 18, 2023 and March 18, 2024.