Shill Kimball C 4

4 · Cricut, Inc. · Filed Jul 22, 2024

Form 4

Period: 2024-07-19

Chief Financial Officer

Transactions

Holdings

Class A Common Stock
(indirect: By Son)
205
Employee Stock Option (right to buy)
Exercise: $18.25Exp: 2031-03-24→ Class A Common Stock (27,886 underlying)
27,886
Class A Common Stock
(indirect: By Spouse)
614

Footnotes (3)

[F1]This reflects dividend equivalent restricted stock units that were granted in connection with a special one-time cash dividend of $.40 per share and a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on July 19, 2024, to stockholders of record at the close of business on July 2, 2024. Holders of restricted stock units that were unvested on the record date were automatically credited with a dividend equivalent based on the value of the per share dividend pursuant to the terms of the issuer's equity incentive documents.
[F2]Reflects equitable adjustment to the option exercise price pursuant to the underlying plan in connection with Cricut's special cash dividends declared on December 21, 2022, May 18, 2023, and May 7, 2024. Pursuant to the adjustment, the exercise price was reduced by $1.75.
[F3]Shares subject to the option vest as follows: (i) 3,038 vest in four equal annual installments beginning on March 1, 2021 and (ii) 24,848 vest in four equal annual installments beginning on August 17, 2021.

Documents

1 file