Michael A. Henning - Aug 16, 2022 Form 4 Insider Report for Clarus Corp (CLAR)

Role
Director
Signature
/s/ Michael A. Henning
Stock symbol
CLAR
Transactions as of
Aug 16, 2022
Transactions value $
-$982,790
Form type
4
Date filed
8/18/2022, 04:15 PM
Previous filing
Jun 3, 2022
Next filing
Sep 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLAR Common Stock, par value $0.0001 per share ("Common Stock") Options Exercise $576K +40K +28.07% $14.39 183K Aug 16, 2022 Direct
transaction CLAR Common Stock Sale -$1.14M -40K -21.92% $28.62 143K Aug 16, 2022 Direct F1
transaction CLAR Common Stock Options Exercise $165K +12.5K +8.77% $13.21 155K Aug 17, 2022 Direct
transaction CLAR Common Stock Sale -$352K -12.5K -8.06% $28.18 143K Aug 17, 2022 Direct F2
transaction CLAR Common Stock Options Exercise $135K +12.5K +8.77% $10.82 155K Aug 17, 2022 Direct
transaction CLAR Common Stock Sale -$362K -12.5K -8.06% $28.94 143K Aug 17, 2022 Direct F3

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 CLAR Stock Option (right to purchase) Options Exercise $0 -40K -66.67% $0.00 20K Aug 16, 2022 Common Stock 40K $14.39 Direct F4
transaction CLAR Stock Option (right to purchase) Options Exercise $0 -12.5K -100% $0.00* 0 Aug 17, 2022 Common Stock 12.5K $13.21 Direct F5
transaction CLAR Stock Option (right to purchase) Options Exercise $0 -12.5K -100% $0.00* 0 Aug 17, 2022 Common Stock 12.5K $10.82 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.5375 - $28.73. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.85 - $28.47. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.80 - $29.20. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
F4 The option to purchase shares of Common Stock was granted under the Issuer's 2015 Stock Incentive Plan on December 2, 2020. Options to purchase an aggregate of 20,000 shares of Common Stock vested and became exercisable on each of June 1, 2021 and June 1, 2022, respectively.
F5 The option to purchase shares of Common Stock was granted under the Issuer's 2015 Stock Incentive Plan on June 5, 2019. Options to purchase an aggregate of 3,125 shares of Common Stock vested and became exercisable on each of June 30, 2019, September 30, 2019, December 31, 2019 and March 31, 2020, respectively,
F6 The option to purchase shares of Common Stock was granted under the Issuer's 2015 Stock Incentive Plan on June 3, 2020. Options to purchase an aggregate of 3,125 shares of Common Stock vested and became exercisable on each of June 30, 2020, September 30, 2020, December 31, 2020 and March 31, 2021, respectively,