Warren B. Kanders - Mar 13, 2025 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role: CEO AND CHAIRMAN, Director, 10%+ Owner
Signature: /s/ Warren B. Kanders
Stock symbol: CDRE
Transactions as of: Mar 13, 2025
Transactions value $: -$103,369
Form type: 4
Date filed: 3/17/2025, 04:15 PM
Previous filing: Mar 12, 2025
Next filing: Mar 18, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDRE	Common Stock, par value $0.0001 per share ("Common Stock")	Options Exercise		+11.5K	+37.79%		41.8K	Mar 13, 2025	Direct	F1
transaction	CDRE	Common Stock	Tax liability	-$103K	-2.96K	-7.09%	$34.91	38.8K	Mar 13, 2025	Direct	F2
holding	CDRE	Common Stock						11.3M	Mar 13, 2025	By Kanders SAF, LLC	F3, F4
holding	CDRE	Common Stock						1.31M	Mar 13, 2025	By Warren B. Kanders Roth IRA
holding	CDRE	Common Stock						23.5K	Mar 13, 2025	By Allison Kanders Roth IRA	F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CDRE	Restricted Stock Units	Options Exercise	$0	+11.5K		$0.00	11.5K	Mar 13, 2025	Common Stock	11.5K		Direct	F1
transaction	CDRE	Stock Option (right to purchase)	Award	$0	+117K		$0.00	117K	Mar 13, 2025	Common Stock	117K	$34.91	Direct	F6
transaction	CDRE	Restricted Stock Units	Award	$0	+37.4K		$0.00	37.4K	Mar 13, 2025	Common Stock	37.4K		Direct	F7

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

Explanation of Responses:

Id	Content
F1	Comprised of a restricted stock units award previously granted on March 13, 2023 (the "Restricted Stock Award"), under the Issuer's 2021 Stock Incentive Plan (the "Plan") consisting of 34,363 restricted shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock"). 11,453 restricted shares of Common Stock vested and became non-forfeitable on March 13, 2024, 11,455 restricted shares of Common Stock vested and became non-forfeitable on March 13, 2025, and 11,455 restricted shares of Common Stock will vest and become non-forfeitable on March 13, 2026.
F2	Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Kanders as a result of the vesting on March 13, 2025, of a portion of the Restricted Stock Award.
F3	The Reporting Person is the sole manager and member of Kanders SAF, LLC.
F4	The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.
F5	Allison Kanders is the Reporting Person's spouse.
F6	The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 38,955 shares of the Issuer's Common Stock will vest and become exercisable on each of March 13, 2026, March 13, 2027, and March 13, 2028, respectively.
F7	Comprised of a restricted stock units award granted under the Plan consisting of 37,423 restricted shares of the Issuer's Common Stock. 12,475 restricted shares of the Issuer's Common Stock will vest and become non-forfeitable on March 13, 2026, and 12,474 restricted shares of the Issuer's Common Stock will vest and become non-forfeitable on each of March 13, 2027, and March 13, 2028, respectively.