4//SEC Filing
Walbrecht John 4
Accession 0001144204-18-014412
CIK 0000913277other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 5:02 PM ET
Size
6.3 KB
Accession
0001144204-18-014412
Insider Transaction Report
Form 4
Clarus CorpCLAR
Walbrecht John
President
Transactions
- Award
Stock Option (right to purchase)
2018-03-09+500,000→ 500,000 totalExercise: $6.80Exp: 2028-03-09→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]Stock options to purchase shares of the Issuer's Common Stock were granted under the Issuer's 2015 Stock Incentive Plan. Stock options to purchase 100,000 shares of the Issuer's Common Stock will vest and become exercisable on December 31, 2018 and each anniversary thereof, through December 31, 2022. In the event that the Reporting Person passes away on or after January 1, 2019, 50% of the unvested stock options will immediately vest and the remaining 50% will be terminated. In the event that the Reporting Person voluntarily terminates his employment with the Issuer on or before December 31, 2022, unless otherwise expressly provided in the Reporting Person's employment agreement, all unvested stock options shall expire and be terminated, and all vested stock options that are exercised in accordance with their terms will be subject to a two-year lock-up from the date of exercise in any such case.
Documents
Issuer
Clarus Corp
CIK 0000913277
Entity typeother
Related Parties
1- filerCIK 0001733610
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 5:02 PM ET
- Size
- 6.3 KB