Susan Ottmann - Mar 11, 2024 Form 4 Insider Report for Clarus Corp (CLAR)

Role: Director
Signature: /s/ Susan Ottmann
Stock symbol: CLAR
Transactions as of: Mar 11, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/13/2024, 04:21 PM
Previous filing: Jun 5, 2023
Next filing: Jun 3, 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	+60K		$0.00	60K	Mar 11, 2024	Common Stock	60K	$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 option 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 60,000 shares of the Issuer's Common Stock will vest and become exercisable as follows: (i) 20,000 are immediately vested and exercisable on the date of grant; (ii) 20,000 will vest and become exercisable on March 11, 2025: and (iii) 20,000 will vest and become exercisable on March 11, 2026.

Content

The option 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 60,000 shares of the Issuer's Common Stock will vest and become exercisable as follows: (i) 20,000 are immediately vested and exercisable on the date of grant; (ii) 20,000 will vest and become exercisable on March 11, 2025: and (iii) 20,000 will vest and become exercisable on March 11, 2026.