Warren B. Kanders - Mar 9, 2024 Form 4 Insider Report for Cadre Holdings, Inc. (CDRE)

Role
CEO AND CHAIRMAN, Director, 10%+ Owner
Signature
/s/ Warren B. Kanders
Stock symbol
CDRE
Transactions as of
Mar 9, 2024
Transactions value $
-$97,573
Form type
4
Date filed
3/12/2024, 04:15 PM
Previous filing
Jan 30, 2024
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDRE Common Stock, par value $0.0001 per share ("Common Stock") Options Exercise +10.4K +132.21% 18.3K Mar 9, 2024 Direct F1
transaction CDRE Common Stock Tax liability -$97.6K -2.54K -13.87% $38.46 15.8K Mar 9, 2024 Direct F2
holding CDRE Common Stock 13.6M Mar 9, 2024 By Kanders SAF, LLC F3, F5
holding CDRE Common Stock 1.31M Mar 9, 2024 By Warren B. Kanders Roth IRA
holding CDRE Common Stock 23.5K Mar 9, 2024 By Allison Kanders Roth IRA F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDRE Restricted Stock Units Options Exercise $0 -10.4K -50% $0.00 10.4K Mar 9, 2024 Common Stock 10.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Comprised of a restricted stock units award previously granted on March 9, 2022 under the Issuer's 2021 Stock Incentive Plan (the "Restricted Stock Award") consisting of 31,250 restricted shares of Common Stock. 10,416 and 10,417 restricted shares of Common Stock vested and became non-forfeitable on each of March 9, 2023 and March 9, 2024, respectively, and 10,417 restricted shares of Common Stock will vest and become non-forfeitable on March 9, 2025.
F2 Represents the number of shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Kanders as a result of the vesting on March 9, 2024 of a portion of the Restricted Stock Award.
F3 The Reporting Person is the sole manager and member of Kanders SAF, LLC.
F4 Allison Kanders is the Reporting Person's spouse.
F5 The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.