Clarus Corp — Director's Dealing 2017

Jun 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Black Diamond, Inc. (BDE)
CIK: 0000913277
Period of Report: 2017-06-01

Reporting Person: KANDERS WARREN B (Director, EXECUTIVE CHAIRMAN, 10% Owner)
Reporting Person: KANDERS GMP HOLDINGS LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-01	Common Stock, par value $0.0001 per share ("Common Stock")	A	500000	—	Acquired	4477227	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2419490	Indirect
Common Stock	13900	Indirect
Common Stock	124667	Indirect
Common Stock	100000	Indirect

Footnotes

F1: Comprised of a restricted stock award granted under the Issuer's 2015 Stock Incentive Plan (the "Plan") consisting of 500,000 restricted shares of Common Stock of which (i) 250,000 shares will vest if on or before June 1, 2022, the Fair Market Value (as defined in the Plan) of the Company's Common Stock shall have equaled or exceeded $10.00 per share for twenty consecutive trading days; and (ii) 250,000 shares will vest if on or before June 1, 2022, the Fair Market Value (as defined in the Plan) of the Company's Common Stock shall have equaled or exceeded $12.00 per share for twenty consecutive trading days.