Hamish Norton - 18 Mar 2023 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role: Director
Signature: /s/ Hamish Norton
Issuer symbol: CDRE
Transactions as of: 18 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 21 Mar 2023, 16:18:11 UTC
Previous filing: 15 Mar 2023
Next filing: 20 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDRE	Common Stock, $.0001 par value ("Common Stock")	Options Exercise		+7,833	+100%		15,667	18 Mar 2023	Direct	F1

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	Phantom Stock	Options Exercise	$0	+7,833		$0.000000	7,833	18 Mar 2023	Common Stock	7,833		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On March 9, 2022, the Reporting Person was granted a phantom stock award under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 23,500 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Common Stock. 7,834 shares of phantom stock vested and became non-forfeitable on March 18, 2022, 7,833 shares of phantom stock vested and became non-forfeitable on March 18, 2023, and 7,833 shares of phantom stock will vest and become non-forfeitable on March 18, 2024.

Content

On March 9, 2022, the Reporting Person was granted a phantom stock award under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 23,500 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Common Stock. 7,834 shares of phantom stock vested and became non-forfeitable on March 18, 2022, 7,833 shares of phantom stock vested and became non-forfeitable on March 18, 2023, and 7,833 shares of phantom stock will vest and become non-forfeitable on March 18, 2024.