4/A//SEC Filing
Hart Daniel P 4/A
Accession 0001334036-23-000040
CIK 0001334036other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 5:21 PM ET
Size
10.7 KB
Accession
0001334036-23-000040
Insider Transaction Report
Form 4/AAmended
Crocs, Inc.CROX
Hart Daniel P
EVP-Admin. & Corp. Development
Transactions
- Tax Payment
Common Stock
2023-03-04$125.06/sh−2,944$368,177→ 235,237 total - Tax Payment
Common Stock
2023-03-03$125.54/sh−1,505$188,938→ 238,181 total - Award
Common Stock
2023-03-02+6,726→ 244,086 total - Disposition to Issuer
Common Stock
2023-03-03−4,400→ 239,686 total
Footnotes (5)
- [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.
- [F4]On March 6, 2023, the reporting person filed a Form 4 which inadvertently overstated the number of shares withheld to pay taxes due upon vesting of a restricted stock unit award (the "Inadvertent Overstatement"). The original Form 4 indicated that the number of shares withheld was 1,539 and the number of shares owned following the reported transaction was 238,147. However, the number of shares withheld was 1,505 and the number of shares owned following the transaction was 238,181.
- [F5]As a result of the Inadvertent Overstatement, the original Form 4 indicated that the number of shares owned following the transaction was 235,203. However, the number of shares owned following the transaction was 235,237.
Documents
Issuer
Crocs, Inc.
CIK 0001334036
Entity typeother
Related Parties
1- filerCIK 0001466325
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 5:21 PM ET
- Size
- 10.7 KB