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

Role
PRESIDENT
Signature
/s/ John Walbrecht
Stock symbol
CLAR
Transactions as of
Jan 28, 2023
Transactions value $
-$117,865
Form type
4
Date filed
1/31/2023, 03:16 PM
Previous filing
Mar 8, 2022

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 +37.5K +22.25% 206K Jan 28, 2023 Direct F1
transaction CLAR Common Stock Tax liability -$118K -11.8K -5.74% $9.97 194K Jan 28, 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.