SEC Form 4 · accession 0001144204-17-031019
Clarus Corp · CLAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald House
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000913277
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to purchase)F2,F1 | $5.98 | Jun 1, 2017 | D | 50,000 | D | — | Dec 13, 2017 | Common Stock | 50,000 | 0 | D |
| Stock Option (right to purchase)F3 | $6.10 | Jun 1, 2017 | A | 50,000 | A | — | Dec 13, 2022 | Common Stock | 50,000 | 50,000 | D |
| Stock Option (right to purchase)F4 | $6.10 | Jun 1, 2017 | A | 12,500 | A | — | Jun 1, 2027 | Common Stock | 12,500 | 12,500 | D |
Explanation of responses
- F1The option to purchase shares of Black Diamond, Inc.'s (the "Issuer") common stock (the "Common Stock") was previously granted under the Issuer's 2005 Stock Incentive Plan and is vested and exercisable.
- F2The option to purchase shares of the Issuer's Common Stock was canceled by mutual agreement of the Reporting Person and the Issuer.
- F3The option to purchase shares of the Issuer's Common Stock was granted under the Issuer's 2015 Stock Incentive Plan and is immediately vested and exercisable.
- F4The options to purchase shares of the Issuer's Common Stock was granted under the Issuer's 2015 Stock Incentive Plan. Options to purchase 3,125 shares of the Issuer's Common Stock will vest and become exercisable in four equal consecutive quarterly tranches on each of June 30, 2017, September 30, 2017, December 31, 2017 and March 31, 2018.