January 10, 2025 · Form 4 insider transaction
CLARK ANDREW E bought 7,356 shares of CLMB at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
The reported transaction involved an amendment of an outstanding Performance Based RSU ("PRSU"), resulting in the cancellation of the "old" PRSU and the grant of a "new" Time-Vested RSU ("TRSU"). In accordance with SEC staff guidance, the "old" PRSU was not a reportable derivative security and the "new" TRSU is being reported as a grant of common stock.