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CLAR Clarus Corporation

6.16
0.27 (4.58%)
23 Jul 2024 - Closed
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
  0.27 4.58% 6.16 5.80 7.31 6.20 5.88 5.89 471,941 01:00:00

Statement of Changes in Beneficial Ownership (4)

16/03/2023 8:17pm

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 *

KANDERS WARREN B
2. Issuer Name and Ticker or Trading Symbol

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

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive Chairman
(Last)          (First)          (Middle)

C/O KANDERS & COMPANY, INC., 250 ROYAL PALM WAY, SUITE 201
3. Date of Earliest Transaction (MM/DD/YYYY)

3/14/2023
(Street)

PALM BEACH, FL 33480
(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

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
Restricted Stock Award  (1)3/14/2023  A   500000     (1) (1)Common Stock 500000 $0 500000 D  

Explanation of Responses:
(1) Comprised of a restricted stock award granted under the Issuer's 2015 Stock Incentive Plan (the "Plan") consisting of 500,000 restricted shares of the Issuer's common stock, par value $0.0001 per share (the "Common Stock") of which (i) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $15.00 per share for twenty consecutive trading days; and (ii) 250,000 shares will vest if on or before March 14, 2033, the Fair Market Value (as defined in the Plan) of the Issuer's Common Stock on the NASDAQ Global Select Market or other national or regional stock exchange on which such securities are then listed shall have equaled or exceeded $18.00 per share for twenty consecutive trading days.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
KANDERS WARREN B
C/O KANDERS & COMPANY, INC.
250 ROYAL PALM WAY, SUITE 201
PALM BEACH, FL 33480
XXExecutive Chairman

Signatures
/s/ Warren B. Kanders3/16/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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