EHRLICH BURTT R 4
4 · CLARUS CORP · Filed Jan 3, 2006
Insider Transaction Report
Form 4
CLARUS CORPCLRS
EHRLICH BURTT R
Director
Transactions
- Award
Stock Options (Right to Buy)
2005-12-30+45,000→ 45,000 totalExercise: $8.35Exp: 2015-12-30→ Common Stock (45,000 underlying)
Footnotes (2)
- [F1]Granted under the Issuer's 2005 Stock Incentive Plan.
- [F2]All options are exercisable immediately; shares acquirable upon exercise of the options (the "Option Shares") are not presently transferable, and become transferable in equal consecutive tranches of 3,750 shares commencing March 31, 2006 and continuing quarterly thereafter on June 30, September 30 and December 31 on a cumulative basis until all Option Shares are transferable on December 30, 2009.