Williams Brad 4
4 · Cadre Holdings, Inc. · Filed Mar 20, 2024
Insider Transaction Report
Form 4
Williams Brad
PRESIDENT
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share ("Common Stock")
2024-03-18+87,000→ 170,153 total - Exercise/Conversion
Phantom Stock
2024-03-18−87,000→ 0 total→ Common Stock (87,000 underlying) - Tax Payment
Common Stock
2024-03-18$34.66/sh−34,235$1,186,585→ 135,918 total - Award
Restricted Stock Units
2024-03-18+13,524→ 13,524 total→ Common Stock (13,524 underlying) - Award
Stock Option (right to purchase)
2024-03-18+42,614→ 42,614 totalExercise: $34.66Exp: 2034-03-18→ Common Stock (42,614 underlying)
Footnotes (4)
- [F1]On March 9, 2022, the Reporting Person was granted a phantom stock award under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 261,000 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Cadre Holdings, Inc. (the "Issuer") Common Stock. 87,000 shares of phantom stock vested and became non-forfeitable on each of March 18, 2022, March 18, 2023 and March 18, 2024, respectively.
- [F2]Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Browers as a result of the vesting on March 18, 2024 of a portion of the phantom stock award.
- [F3]Comprised of a restricted stock units award granted under the Issuer's 2021 Stock Incentive Plan (the "Plan") consisting of 13,524 shares of the Issuer's Common Stock. 4,508 shares of the Issuer's Common Stock will vest and become non-forfeitable on each of March 18, 2025, March 18, 2026 and March 13, 2027, respectively.
- [F4]The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 14,206 shares of the Issuer's Common Stock will vest and become exercisable on March 18, 2025 and options to purchase 14,204 shares of the Issuer's Common Stock will vest and become exercisable on each of March 18, 2026 and March 18, 2027.