HENNING MICHAEL A 4
4 · Clarus Corp · Filed Aug 18, 2022
Insider Transaction Report
Form 4
Clarus CorpCLAR
HENNING MICHAEL A
Director
Transactions
- Sale
Common Stock
2022-08-17$28.94/sh−12,500$361,763→ 142,500 total - Exercise/Conversion
Stock Option (right to purchase)
2022-08-16−40,000→ 20,000 totalExercise: $14.39Exp: 2030-12-02→ Common Stock (40,000 underlying) - Exercise/Conversion
Stock Option (right to purchase)
2022-08-17−12,500→ 0 totalExercise: $13.21Exp: 2029-06-05→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share ("Common Stock")
2022-08-16$14.39/sh+40,000$575,600→ 182,500 total - Sale
Common Stock
2022-08-16$28.62/sh−40,000$1,144,704→ 142,500 total - Exercise/Conversion
Common Stock
2022-08-17$13.21/sh+12,500$165,125→ 155,000 total - Sale
Common Stock
2022-08-17$28.18/sh−12,500$352,299→ 142,500 total - Exercise/Conversion
Common Stock
2022-08-17$10.82/sh+12,500$135,250→ 155,000 total - Exercise/Conversion
Stock Option (right to purchase)
2022-08-17−12,500→ 0 totalExercise: $10.82Exp: 2030-06-03→ Common Stock (12,500 underlying)
Footnotes (6)
- [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,