Clarus (CLAR) director granted 20,000 stock options at $3.11 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clarus Corp director Mark Besca received a grant of stock options covering 20,000 shares of common stock. The options were awarded at an exercise price of $3.11 per share and were granted at no upfront cost. They expire on May 28, 2036 and were issued under the company’s Amended and Restated 2015 Stock Incentive Plan.
According to the vesting schedule, options for 5,000 shares will vest and become exercisable on each of June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027. After this grant, Besca holds options to purchase 20,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Besca Mark
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to purchase) | 20,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to purchase) — 20,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 20,000 options
Exercise price: $3.11 per share
Expiration date: May 28, 2036
+2 more
5 metrics
Option grant size
20,000 options
Stock options to purchase Clarus common stock granted to director
Exercise price
$3.11 per share
Conversion or exercise price for the stock options
Expiration date
May 28, 2036
Options expire on this date if not exercised
Post-grant option holdings
20,000 options
Total options held by Mark Besca following this grant
Vesting installments
5,000 options each date
Vest on June 30, 2026; Sept 30, 2026; Dec 31, 2026; Mar 31, 2027
Key Terms
Stock Option (right to purchase), Amended and Restated 2015 Stock Incentive Plan, vesting, exercise price
4 terms
Stock Option (right to purchase) financial
"Security title is listed as "Stock Option (right to purchase)" for this grant."
Amended and Restated 2015 Stock Incentive Plan financial
"The option was granted under the Issuer's Amended and Restated 2015 Stock Incentive Plan."
vesting financial
"Options to purchase 5,000 shares will vest and become exercisable on four specified dates."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"The conversion or exercise price for the stock options is $3.11 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did Clarus Corp (CLAR) director Mark Besca report in this Form 4?
Mark Besca reported receiving a grant of stock options for 20,000 Clarus Corp common shares. These options were awarded as a compensation-related grant, not an open-market purchase, and give him the right to buy shares at a fixed exercise price.
What is the exercise price and expiration date of Mark Besca’s Clarus (CLAR) options?
The options have an exercise price of $3.11 per share and expire on May 28, 2036. This means Besca can buy shares at $3.11, if vested, any time before the expiration date.
How do Mark Besca’s Clarus Corp (CLAR) stock options vest over time?
The 20,000 options vest in four equal installments of 5,000 shares each. Vesting dates are June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027, after which vested portions become exercisable.
Is Mark Besca’s Clarus (CLAR) Form 4 transaction an open-market buy or sale?
It is not an open-market buy or sale. The Form 4 reports a grant or award of stock options as compensation. No shares were bought or sold in the market; he received derivative rights to purchase shares in the future.