Donald House - 07 Dec 2022 Form 4 Insider Report for Clarus Corp (CLAR)

Role: Director
Signature: /s/ Donald House
Issuer symbol: CLAR
Transactions as of: 07 Dec 2022
Net transactions value: -$7.12
Form type: 4
Filing time: 12 Dec 2022, 15:16:21 UTC
Previous filing: 24 Aug 2022
Next filing: 05 Jun 2023
SEC: View on sec.gov

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	$305,000	+50,000	+33%	$6.10	200,000	07 Dec 2022	Direct
transaction	CLAR	Common Stock	Tax liability	$305,007	-38,511	-19%	$7.92	161,489	07 Dec 2022	Direct	F1

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	-50,000	-100%	$0.000000^*	0	07 Dec 2022	Common Stock	50,000	$6.10	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents shares forfeited to Issuer in connection with payment of the exercise price.
F2	The options to purchase shares of Clarus Corporation's (the "Issuer") Common Stock were granted under the Issuer's 2015 Stock Incentive Plan and are immediately vested and exercisable on the date of grant.