Blaine Browers - Mar 9, 2024 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, 2024
Transactions value $
-$48,767
Form type
4
Date filed
3/12/2024, 04:16 PM
Previous filing
Dec 13, 2023
Next filing
Mar 15, 2024

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 +4.13% 73.5K Mar 9, 2024 Direct F1
transaction CDRE Common Stock Tax liability -$48.8K -1.27K -1.72% $38.46 72.3K Mar 9, 2024 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 Restricted Stock Units Options Exercise $0 -2.92K -50% $0.00 2.92K Mar 9, 2024 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 units 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 and 2,918 restricted shares of Common Stock vested and became non-forfeitable on each of March 9, 2023 and March 9, 2024, respectively, and 2,918 restricted shares of Common Stock will vest and become non-forfeitable on 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, 2024 of a portion of the Restricted Stock Award.