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Clarus Corp — Director's Dealing 2010
Jun 2, 2010
33978_dirs_2010-06-02_b94b1b08-79d1-4225-a086-5d0df1b7e70e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CLARUS CORP (CLRS.PK)
CIK: 0000913277
Period of Report: 2010-05-28
Reporting Person: EHRLICH BURTT R (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-05-28 | Stock Option (right to purchase) | $6.85 | A | 20000 | Acquired | Common Stock (20000) | Direct |
Footnotes
F1: The Reporting Person resigned as member of the Company's Board of Directors effective as of March 28, 2010.
F2: Immediately exercisable options to purchase 20,000 shares of the Issuer's common stock were granted under the Issuer's 2005
Stock Incentive Plan.
F3: The earlier of December 31, 2012 or the 30th day after the date the Fair Market Value (as defined in the 2005 Stock Incentive
Plan) of the Issuer's common stock shall have equalled or exceeded $12.00 per share for 20 consecutive trading days.
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