EHRLICH BURTT R 4
4 · CLARUS CORP · Filed Jun 2, 2010
Insider Transaction Report
Form 4
CLARUS CORPCLRS.PK
EHRLICH BURTT R
Director
Transactions
- Award
Stock Option (right to purchase)
2010-05-28+20,000→ 20,000 totalExercise: $6.85→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]The Reporting Person resigned as member of the Company's Board of Directors effective as of March 28, 2010.
- [F2]Immediately exercisable options to purchase 20,000 shares of the Issuer's common stock were granted under the Issuer's 2005 Stock Incentive Plan.
- [F3]The earlier of December 31, 2012 or the 30th day after the date the Fair Market Value (as defined in the 2005 Stock Incentive Plan) of the Issuer's common stock shall have equalled or exceeded $12.00 per share for 20 consecutive trading days.