Clarus Corp — Director's Dealing 2023

Mar 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clarus Corp (CLAR)
CIK: 0000913277
Period of Report: 2023-03-14

Reporting Person: KANDERS WARREN B (Director, Executive Chairman, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-14	Restricted Stock Award	$	A	500000	Acquired		Common Stock (500000)	Direct

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 the Issuer's common stock, par value $0.0001 per share (the "Common Stock") of which (i) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $15.00 per share for twenty consecutive trading days; and (ii) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $18.00 per share for twenty consecutive trading days.