Clarus Corp — Director's Dealing 2022

Aug 18, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clarus Corp (CLAR)
CIK: 0000913277
Period of Report: 2022-08-16

Reporting Person: HENNING MICHAEL A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-16	Common Stock, par value $0.0001 per share ("Common Stock")	M	40000	$14.39	Acquired	182500	Direct
2022-08-16	Common Stock	S	40000	$28.6176	Disposed	142500	Direct
2022-08-17	Common Stock	M	12500	$13.21	Acquired	155000	Direct
2022-08-17	Common Stock	S	12500	$28.1839	Disposed	142500	Direct
2022-08-17	Common Stock	M	12500	$10.82	Acquired	155000	Direct
2022-08-17	Common Stock	S	12500	$28.941	Disposed	142500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-16	Stock Option (right to purchase)	$14.39	M	40000	Disposed	2030-12-02	Common Stock (40000)	Direct
2022-08-17	Stock Option (right to purchase)	$13.21	M	12500	Disposed	2029-06-05	Common Stock (12500)	Direct
2022-08-17	Stock Option (right to purchase)	$10.82	M	12500	Disposed	2030-06-03	Common Stock (12500)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.5375 - $28.73. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.85 - $28.47. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.80 - $29.20. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.

F4: The option to purchase shares of Common Stock was granted under the Issuer's 2015 Stock Incentive Plan on December 2, 2020. Options to purchase an aggregate of 20,000 shares of Common Stock vested and became exercisable on each of June 1, 2021 and June 1, 2022, respectively.

F5: The option to purchase shares of Common Stock was granted under the Issuer's 2015 Stock Incentive Plan on June 5, 2019. Options to purchase an aggregate of 3,125 shares of Common Stock vested and became exercisable on each of June 30, 2019, September 30, 2019, December 31, 2019 and March 31, 2020, respectively,

F6: The option to purchase shares of Common Stock was granted under the Issuer's 2015 Stock Incentive Plan on June 3, 2020. Options to purchase an aggregate of 3,125 shares of Common Stock vested and became exercisable on each of June 30, 2020, September 30, 2020, December 31, 2020 and March 31, 2021, respectively,