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

Role: Director
Signature: /s/ Nicolas Sokolow
Issuer symbol: CDRE
Transactions as of: 18 Mar 2022
Net transactions value: +$275,550
Form type: 4
Filing time: 22 Mar 2022, 16:18:06 UTC
Previous filing: 21 Mar 2022
Next filing: 03 Jun 2022
SEC: View on sec.gov

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	$275,550	+11,000	+8.7%	$25.05	137,347	18 Mar 2022	Direct
holding	CDRE	Common Stock						589,620	18 Mar 2022	See Footnote	F1, F4
holding	CDRE	Common Stock						252,701	18 Mar 2022	See Footnote	F2, F4
holding	CDRE	Common Stock						84,231	18 Mar 2022	See Footnote	F3, F4

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	-11,000	-33%	$0.000000	22,000	18 Mar 2022	Common Stock	11,000		Direct	F5

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

Explanation of Responses:

Id	Content
F1	The securities reported herein are owned by ST Investors Fund, LLC, a limited liability company of which the Reporting Person is the general manager.
F2	The securities reported herein are owned by Korsak Holdings, LLC, a limited liability company of which the Reporting Person is the general manager.
F3	The securities reported herein are owned by Madetys Investments, LLC, a limited liability company of which the Reporting Person is the general manager.
F4	The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.
F5	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 33,000 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Common Stock. 11,000 shares of phantom stock vest and become non-forfeitable on each of March 18, 2022, March 18, 2023 and March 18, 2024.