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Clarus Corp — Director's Dealing 2019
Apr 25, 2019
33978_dirs_2019-04-25_e03a40a1-e556-4b73-ae3a-e68d972470c9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Clarus Corp (CLAR)
CIK: 0000913277
Period of Report: 2019-04-23
Reporting Person: KANDERS WARREN B (Director, Executive Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-04-23 | Common Stock, par value $0.0001 per share ("Common Stock") | A | 250000 | $13.01 | Acquired | 3875888 | Direct |
| 2019-04-23 | Common Stock | F | 115693 | $13.01 | Disposed | 3760195 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2019490 | Indirect |
| Common Stock | 13900 | Indirect |
| Common Stock | 124667 | Indirect |
| Common Stock | 100000 | Indirect |
Footnotes
F1: 250,000 shares of Common Stock vested and became nonforfeitable on April 23, 2019 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on June 1, 2017 under the Issuer's 2015 Stock Incentive Plan (the "Plan") which vested upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $12.00 per share for twenty consecutive trading days.
F2: Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by the vesting on April 23, 2019 of the Restricted Stock Award.