Hamish Norton - Mar 18, 2024 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role
Director
Signature
/s/ Hamish Norton
Stock symbol
CDRE
Transactions as of
Mar 18, 2024
Transactions value $
$0
Form type
4
Date filed
3/20/2024, 04:16 PM
Previous filing
Mar 21, 2023

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 +7.83K +50% 23.5K Mar 18, 2024 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 +7.83K $0.00* 0 Mar 18, 2024 Common Stock 7.83K Direct F1
transaction CDRE Stock Option (right to purchase) Award $0 +16K $0.00 16K Mar 18, 2024 Common Stock 16K $34.66 Direct F2
* 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 Cadre Holdings, Inc. (the "Issuer") Common Stock. 7,834 shares of phantom stock vested and became non-forfeitable on March 18, 2022, and 7,833 shares of phantom stock vested and became non-forfeitable on each of March 18, 2023 and March 18, 2024, respectively.
F2 16,000 options to purchase shares of the Issuer's Common Stock were granted under the Issuer's 2021 Stock Incentive Plan. Options to purchase 4,000 shares of the Issuer's Common Stock will vest and become exercisable in four equal consecutive quarterly tranches on each of March 31, 2024, June 30, 2024, September 30, 2024 and December 31, 2024, respectively.