Warren B. Kanders - Mar 11, 2024 Form 4 Insider Report for Clarus Corp (CLAR))

Signature
/s/ Warren B. Kanders
Stock symbol
CLAR)
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/13/2024, 04:16 PM
Previous filing
Mar 12, 2024
Next filing
Mar 15, 2024

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) Stock Option (right to purchase) Award $0 +500K $0.00 500K Mar 11, 2024 Common Stock 500K $6.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options to purchase shares of Clarus Corporation's (the "Issuer") common stock, $0.0001 par value per share ("Common Stock"), were granted under the Issuer's 2015 Stock Incentive Plan. Options to purchase 500,000 shares of the Issuer's Common Stock will vest and become exercisable in two equal consecutive annual tranches of 250,000 on each of March 11, 2025, and March 11, 2026.