YATES MICHAEL J 4
4 · Clarus Corp · Filed Mar 13, 2024
Insider Transaction Report
Form 4
Clarus CorpCLAR
YATES MICHAEL J
Chief Financial Officer
Transactions
- Award
Restricted Stock Award
2024-03-11+50,000→ 50,000 total→ Common Stock (50,000 underlying) - Award
Stock Option (right to purchase)
2024-03-11+118,000→ 118,000 totalExercise: $6.75Exp: 2034-03-11→ Common Stock (118,000 underlying)
Footnotes (2)
- [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.