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Clarus Corp — Director's Dealing 2020
Aug 31, 2020
33978_dirs_2020-08-31_642d161b-7c84-4ccb-9514-a5dd14639833.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: 2020-08-27
Reporting Person: KUEHNE AARON (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-27 | Common Stock, par value $0.0001 per share ("Common Stock") | A | 100000 | — | Acquired | 31240 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-27 | Stock Option (right to purchase) | $15.00 | A | 300000 | Acquired | 2030-08-27 | Common Stock (300000) | Direct |
Footnotes
F1: Comprised of a restricted stock award granted under the Issuer's 2015 Stock Incentive Plan (the "Plan") consisting of 100,000 restricted shares of Common Stock all of which will vest if on or before August 27, 2023, the Fair Market Value (as defined in the Plan) of the Company's Common Stock shall have equaled or exceeded $15.00 per share for twenty consecutive trading days.
F2: The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 100,000 shares of Common Stock shall vest and become exercisable on each of August 27, 2021, August 27, 2022, and August 27, 2023.