Form 4 for CDRE Cadre Holdings, Inc.
Accepted 2024-03-20 00:00:00 ET · period of report 2024-03-18 · accession 0001104659-24-036708 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-20 | 2024-03-18 | CDRE | Browers Blaine | CFO | M - OptEx | — | +55.3K | 129.7K | +74% | — |
| D | 2024-03-20 | 2024-03-18 | CDRE | Browers Blaine | CFO | F - Tax | $34.66 | -21.8K | 107.9K | -17% | -$754.7K |
| DM | 2024-03-20 | 2024-03-18 | CDRE | Browers Blaine | CFO | A - Grant | $0.00 | +40.9K | 31.0K | New | $0 |
| D | 2024-03-20 | 2024-03-18 | CDRE | Browers Blaine | CFO | M - OptEx | $0.00 | -55.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2024-03-18 | M | A | 55,333 | — | 129,650 | D | — | — | (F1) On March 9, 2022, the Reporting Person was granted a phantom stock award under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 166,000 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Cadre Holdings, Inc. (the "Issuer") Common Stock. 55,334 shares of phantom stock vested and became non-forfeitable on March 18, 2022, and 55,333 shares of phantom stock vested and became non-forfeitable on each of March 18, 2023 and March 18, 2024, respectively. |
| 2 | Common | Common Stock | 2024-03-18 | F | D | 21,774 | $34.66 | 107,876 | D | — | — | (F2) Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Browers as a result of the vesting on March 18, 2024 of a portion of the phantom stock award. |
| 3 | Derivative | Restricted Stock Units | 2024-03-18 | A | A | 9,846 | $0.00 | 9,846 | D | — · — to — | 9,846 Common Stock | (F3) Comprised of a restricted stock units award granted under the Issuer's 2021 Stock Incentive Plan (the "Plan") consisting of 9,846 shares of the Issuer's Common Stock. 3,282 shares of the Issuer's Common Stock will vest and become non-forfeitable on each of March 18, 2025, March 18, 2026 and March 13, 2027, respectively. |
| 4 | Derivative | Stock Option (right to purchase) | 2024-03-18 | A | A | 31,023 | $0.00 | 31,023 | D | $34.66 · — to 2034-03-18 | 31,023 Common Stock | (F4) The option to purchase shares of the Issuer's Common Stock was granted under the Plan. Options to purchase 10,341 shares of the Issuer's Common Stock will vest and become exercisable on each of March 18, 2025, March 18, 2026 and March 18, 2027, respectively. |
| 5 | Derivative | Phantom Stock | 2024-03-18 | M | D | 55,333 | $0.00 | 0 | D | — · — to — | 55,333 Common Stock | (F1) On March 9, 2022, the Reporting Person was granted a phantom stock award under the Safariland Group Amended and Restated 2021 Phantom Restricted Share Plan consisting of 166,000 shares of phantom stock. Each share of phantom stock is the economic equivalent of one share of Cadre Holdings, Inc. (the "Issuer") Common Stock. 55,334 shares of phantom stock vested and became non-forfeitable on March 18, 2022, and 55,333 shares of phantom stock vested and became non-forfeitable on each of March 18, 2023 and March 18, 2024, respectively. |