AI assistant
Clarus Corp — Director's Dealing 2024
Mar 13, 2024
33978_dirs_2024-03-13_e0c34603-023c-4948-a8f4-a9b62979a0f8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Clarus Corp (CLAR)
CIK: 0000913277
Period of Report: 2024-03-11
Reporting Person: YATES MICHAEL J (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-11 | Stock Option (right to purchase) | $6.75 | A | 118000 | Acquired | 2034-03-11 | Common Stock (118000) | Direct |
| 2024-03-11 | Restricted Stock Award | $ | A | 50000 | Acquired | Common Stock (50000) | Direct |
Footnotes
F1: The options to purchase shares of Clarus Corporation's (the "Issuer") common stock, $0.0001 par value per share ("Common Stock"), were granted under the Issuer's 2015 Stock Incentive Plan (the "Plan"). Options to purchase 118,000 shares of the Issuer's Common Stock will vest and become exercisable in two equal consecutive annual tranches of 59,000 on each of March 11, 2025, and March 11, 2026.
F2: Comprised of a restricted stock award granted under the Plan consisting of 50,000 restricted shares of the Issuer's Common Stock of which (i) 25,000 shares of the Issuer's Common Stock will vest and become non-forfeitable on March 11, 2025; and (ii) 25,000 shares of the Issuer's Common Stock will vest and become non-forfeitable on March 11, 2026.