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4//SEC Filing

Shill Kimball C 4

Accession 0001828962-24-000092

CIK 0001828962other

Filed

Jul 21, 8:00 PM ET

Accepted

Jul 22, 7:15 PM ET

Size

8.4 KB

Accession

0001828962-24-000092

Insider Transaction Report

Form 4
Period: 2024-07-19
Shill Kimball C
Chief Financial Officer
Transactions
  • Award

    Class A Common Stock

    2024-07-19+36,4081,100,370 total
Holdings
  • Class A Common Stock

    (indirect: By Son)
    205
  • Employee Stock Option (right to buy)

    Exercise: $18.25Exp: 2031-03-24Class 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.

Issuer

Cricut, Inc.

CIK 0001828962

Entity typeother

Related Parties

1
  • filerCIK 0001919990

Filing Metadata

Form type
4
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 7:15 PM ET
Size
8.4 KB