Nicolas Sokolow - Aug 17, 2022 Form 4 Insider Report for Clarus Corp (CLAR)

Role
Director
Signature
/s/ Nicolas Sokolow
Stock symbol
CLAR
Transactions as of
Aug 17, 2022
Transactions value $
-$1,346,123
Form type
4
Date filed
8/19/2022, 04:15 PM
Previous filing
Jun 7, 2022
Next filing
Dec 9, 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") Sale -$431K -15K -15.75% $28.63 80.4K Aug 17, 2022 Direct F1
transaction CLAR Common Stock Options Exercise $251K +30K +37.29% $8.35 110K Aug 17, 2022 Direct
transaction CLAR Common Stock Sale -$863K -30K -27.16% $28.78 80.4K Aug 17, 2022 Direct F2
transaction CLAR Common Stock Options Exercise $125K +15K +18.65% $8.35 95.4K Aug 18, 2022 Direct
transaction CLAR Common Stock Sale -$428K -15K -15.72% $28.53 80.4K Aug 18, 2022 Direct F3
holding CLAR Common Stock 40K Aug 17, 2022 See Footnote F4, F7
holding CLAR Common Stock 83.3K Aug 17, 2022 See Footnote F5, F7
holding CLAR Common Stock 379K Aug 17, 2022 See Footnote F6, F7

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 -30K -66.67% $0.00 15K Aug 17, 2022 Common Stock 45K $8.35 Direct F8
transaction CLAR Stock Option (right to purchase) Options Exercise $0 -15K -100% $0.00* 0 Aug 18, 2022 Common Stock 45K $8.35 Direct F8
* 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 $28.50 - $28.72. 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 $28.50 - $29.16. 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 $28.10 - $28.89. 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.
F4 The securities reported herein are owned by Korsak Holdings, LLC, a limited liability company of which the Reporting Person is the general manager.
F5 The securities reported herein are owned by Madetys Investments, LLC, a limited liability company of which the Reporting Person is the general manager
F6 The securities reported herein are owned by ST Investors Fund, LLC, a limited liability company of which the Reporting Person is the general manager.
F7 The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.
F8 Immediately vested and exercisable option to purchase shares of Common Stock was granted under the Issuer's 2015 Stock Incentive Plan on December 11, 2015.