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

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

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.