John Walbrecht - 28 Jan 2023 Form 4 Insider Report for Clarus Corp (CLAR)

Role: PRESIDENT
Signature: /s/ John Walbrecht
Issuer symbol: CLAR
Transactions as of: 28 Jan 2023
Net transactions value: -$117,865
Form type: 4
Filing time: 31 Jan 2023, 15:16:07 UTC
Previous filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLAR	Common Stock, $.0001 par value ("Common Stock")	Award		+37,500	+22%		206,006	28 Jan 2023	Direct	F1
transaction	CLAR	Common Stock	Tax liability	$117,865	-11,822	-5.7%	$9.97	194,184	28 Jan 2023	Direct	F2

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

Explanation of Responses:

Id	Content
F1	37,500 shares of Common Stock vested and became nonforfeitable on January 28, 2023 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on January 7, 2019 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested on January 28, 2021 upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for 20 consecutive trading days. The Restricted Stock Award and the schedule of Common Stock that may vest thereunder was previously reported.
F2	Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by the Reporting Person as a result of the vesting on January 28, 2023 of the Restricted Stock Award.

Content

37,500 shares of Common Stock vested and became nonforfeitable on January 28, 2023 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on January 7, 2019 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested on January 28, 2021 upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for 20 consecutive trading days. The Restricted Stock Award and the schedule of Common Stock that may vest thereunder was previously reported.

Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by the Reporting Person as a result of the vesting on January 28, 2023 of the Restricted Stock Award.