Warren B. Kanders - 28 Jan 2023 Form 4 Insider Report for Clarus Corp (CLAR)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Warren B. Kanders
Issuer symbol: CLAR
Transactions as of: 28 Jan 2023
Transactions value $: $0
Form type: 4
Filing time: 31 Jan 2023, 15:15:32 UTC
Previous filing: 28 Dec 2022
Next filing: 13 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	CLAR	Common Stock, $.0001 par value ("Common Stock")	Award	+117K	+3.2%	3.76M	28 Jan 2023	Direct	F1
holding	CLAR	Common Stock				1.53M	28 Jan 2023	Kanders GMP Holdings, LLC	F2
holding	CLAR	Common Stock				10.9K	28 Jan 2023	As UTMA custodian for children	F2
holding	CLAR	Common Stock				8.92K	28 Jan 2023	As JTWROS	F2
holding	CLAR	Common Stock				125K	28 Jan 2023	As UTA trustee for spouse	F2
holding	CLAR	Common Stock				100K	28 Jan 2023	By spouse	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	116,667 shares of Common Stock vested and became nonforfeitable on January 28, 2023 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on January 7, 2019 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested on January 28, 2021 upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for 20 consecutive trading days. The Restricted Stock Award and the schedule of Common Stock that may vest thereunder was previously reported.
F2	The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.

Content

116,667 shares of Common Stock vested and became nonforfeitable on January 28, 2023 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on January 7, 2019 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested on January 28, 2021 upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for 20 consecutive trading days. The Restricted Stock Award and the schedule of Common Stock that may vest thereunder was previously reported.

The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.