Warren B. Kanders - Mar 9, 2023 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role: CEO AND CHAIRMAN, Director, 10%+ Owner
Signature: /s/ Warren B. Kanders
Stock symbol: CDRE
Transactions as of: Mar 9, 2023
Transactions value $: -$55,230
Form type: 4
Date filed: 3/13/2023, 04:16 PM
Previous filing: Jan 31, 2023
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		+10.4K			10.4K	Mar 9, 2023	Direct	F1
transaction	CDRE	Common Stock	Tax liability	-$55.2K	-2.54K	-24.36%	$21.77	7.88K	Mar 9, 2023	Direct	F2
holding	CDRE	Common Stock						15.7M	Mar 9, 2023	By Kanders SAF, LLC	F3, F5
holding	CDRE	Common Stock						1.31M	Mar 9, 2023	By Warren B. Kanders Roth IRA
holding	CDRE	Common Stock						23.5K	Mar 9, 2023	By Allison Kanders Roth IRA	F4, F5

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	+10.4K	+99.98%	$0.00	20.8K	Mar 9, 2023	Common Stock	10.4K		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 31,250 restricted shares of Common Stock. 10,416 restricted shares of Common Stock vested and became non-forfeitable on March 9, 2023 and 10,417 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. Kanders as a result of the vesting on March 9, 2023 of a portion of the Restricted Stock Award.
F3	The Reporting Person is the sole manager and member of Kanders SAF, LLC.
F4	Allison Kanders is the Reporting Person's spouse.
F5	The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.