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Clarus Corp — Director's Dealing 2022
Feb 7, 2022
33978_dirs_2022-02-07_b289517c-f00c-4938-babf-f4b720980fa7.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: 2022-02-03
Reporting Person: Walbrecht John (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-28 | Common Stock, $.0001 par value ("Common Stock") | A | 37500 | $21.64 | Acquired | 179851 | Direct |
| 2022-02-03 | Common Stock | F | 11345 | $21.64 | Disposed | 168506 | Direct |
Footnotes
F1: 37,500 shares of Common Stock vested and became nonforfeitable on January 28, 2022 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on January 7, 2019 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for 20 consecutive trading days. The Restricted Stock Award and the schedule of Common Stock that may vest thereunder was previously reported.
F2: Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Walbrecht as a result of the vesting on January 28, 2022 of the Restricted Stock Award.