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CLAR Clarus Corporation

6.98
0.00 (0.00%)
Pre Market
Last Updated: 09:05:32
Delayed by 15 minutes
Share Name Share Symbol Market Type
Clarus Corporation NASDAQ:CLAR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.98 6.47 11.16 0 09:05:32

Statement of Changes in Beneficial Ownership (4)

01/02/2021 9:31pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

KUEHNE AARON
2. Issuer Name and Ticker or Trading Symbol

Clarus Corp [ CLAR ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CAO and CFO
(Last)          (First)          (Middle)

C/O CLARUS CORPORATION, 2084 EAST 3900 SOUTH
3. Date of Earliest Transaction (MM/DD/YYYY)

1/28/2021
(Street)

SALT LAKE CITY, UT 84124
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001 per share ("Common Stock") 1/28/2021  A  100000 (1)A$16.23 131319 D  
Common Stock 1/28/2021  F  40163 (2)D$16.23 91156 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) 100,000 shares of Common Stock vested and became nonforfeitable on January 28, 2021 pursuant to a restricted stock award (the "Restricted Stock Award") previously granted to the Reporting Person on August 27, 2020 under the Issuer's 2015 Stock Incentive Plan (the "Plan") that vested upon the Fair Market Value (as defined in the Plan) of the Common Stock equaling or exceeding $15.00 per share for twenty consecutive trading days.
(2) Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Kuehne as a result of the vesting on January 28, 2021 of the Restricted Stock Award.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
KUEHNE AARON
C/O CLARUS CORPORATION
2084 EAST 3900 SOUTH
SALT LAKE CITY, UT 84124


CAO and CFO

Signatures
/s/ Aaron Kuehne2/1/2021
**Signature of Reporting PersonDate

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