Blaine Browers - Mar 9, 2023 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Blaine Browers
Stock symbol: CDRE
Transactions as of: Mar 9, 2023
Transactions value $: -$28,388
Form type: 4
Date filed: 3/13/2023, 04:15 PM
Previous filing: Mar 22, 2022
Next filing: Mar 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDRE	Common Stock, par value $0.0001 per share ("Common Stock")	Options Exercise		+2.92K	+5.39%		57K	Mar 9, 2023	Direct	F1
transaction	CDRE	Common Stock	Tax liability	-$28.4K	-1.3K	-2.29%	$21.77	55.7K	Mar 9, 2023	Direct	F2

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	CDRE	Common Stock	Options Exercise	$0	+2.92K	+100.07%	$0.00	5.84K	Mar 9, 2023	Common Stock	2.92K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Comprised of a restricted stock award previously granted on March 9, 2022 under the Issuer's 2021 Stock Incentive Plan (the "Restricted Stock Award") consisting of 8,755 restricted shares of Common Stock. 2,919 restricted shares of Common Stock vested and became non-forfeitable on March 9, 2023 and 2,918 restricted shares of Common Stock will vest and become non-forfeitable on each of March 9, 2024 and March 9, 2025.
F2	Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Browers as a result of the vesting on March 9, 2023 of a portion of the Restricted Stock Award.

Content

Comprised of a restricted stock award previously granted on March 9, 2022 under the Issuer's 2021 Stock Incentive Plan (the "Restricted Stock Award") consisting of 8,755 restricted shares of Common Stock. 2,919 restricted shares of Common Stock vested and became non-forfeitable on March 9, 2023 and 2,918 restricted shares of Common Stock will vest and become non-forfeitable on each of March 9, 2024 and March 9, 2025.

Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Browers as a result of the vesting on March 9, 2023 of a portion of the Restricted Stock Award.