Warren B. Kanders - Mar 14, 2023 Form 4 Insider Report for Clarus Corp (CLAR)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Warren B. Kanders
Stock symbol: CLAR
Transactions as of: Mar 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/16/2023, 04:15 PM
Previous filing: Mar 15, 2023
Next filing: Jun 8, 2023

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	CLAR	Restricted Stock Award	Award	$0	+500K		$0.00	500K	Mar 14, 2023	Common Stock	500K		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 granted under the Issuer's 2015 Stock Incentive Plan (the "Plan") consisting of 500,000 restricted shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock") of which (i) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $15.00 per share for twenty consecutive trading days; and (ii) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $18.00 per share for twenty consecutive trading days.

Content

Comprised of a restricted stock award granted under the Issuer's 2015 Stock Incentive Plan (the "Plan") consisting of 500,000 restricted shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock") of which (i) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $15.00 per share for twenty consecutive trading days; and (ii) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $18.00 per share for twenty consecutive trading days.