Hart Daniel P 4
4 · Crocs, Inc. · Filed Mar 6, 2023
Insider Transaction Report
Form 4
Crocs, Inc.CROX
Hart Daniel P
EVP-Admin. & Corp. Development
Transactions
- Award
Common Stock
2023-03-02+6,726→ 244,086 total - Disposition to Issuer
Common Stock
2023-03-03−4,400→ 239,686 total - Tax Payment
Common Stock
2023-03-03$125.54/sh−1,539$193,206→ 238,147 total - Tax Payment
Common Stock
2023-03-04$125.06/sh−2,944$368,177→ 235,203 total
Footnotes (3)
- [F1]Represents 6,726 restricted stock units (RSUs) granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest as follows: (i) 1,346 of the RSUs vest in three equal annual installments on March 2, 2024, March 2, 2025 and March 2, 2026, (ii) up to 2,690 of the RSUs vest in three equal annual installments beginning on the date in 2024 that the issuer's compensation committee certifies that certain performance metrics are achieved and (iii) up to 2,690 of the RSUs vest on the date in 2026 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided, in each case, that the reporting person remains employed by the issuer as of each applicable vesting date.
- [F2]Represents the restricted stock units that were cancelled as certain performance metrics relating to the vesting of such awards were not achieved.
- [F3]Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.