Elaine L. Boltz - 02 Mar 2022 Form 4 Insider Report for Crocs, Inc. (CROX)

Role: EVP, Chief Operations Officer
Signature: /s/Dan Hart, Attorney-in-Fact
Issuer symbol: CROX
Transactions as of: 02 Mar 2022
Net transactions value: -$389,246
Form type: 4
Filing time: 04 Mar 2022, 19:14:19 UTC
Previous filing: 19 Aug 2021
Next filing: 04 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CROX	Common Stock	Tax liability	$91,433	-1,106	-1.2%	$82.67	92,366	02 Mar 2022	Direct	F1
transaction	CROX	Common Stock	Award	$0	+11,976	+13%	$0.000000	104,342	03 Mar 2022	Direct	F2
transaction	CROX	Common Stock	Tax liability	$87,429	-1,135	-1.1%	$77.03	103,207	03 Mar 2022	Direct	F1
transaction	CROX	Common Stock	Tax liability	$210,384	-2,933	-2.8%	$71.73	100,274	04 Mar 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
F2	Represents 11,976 restricted stock units granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock. The restricted stock units vest as follows: (i) 2,366 of the restricted stock units vest in three equal annual installments on March 3, 2023, March 3, 2024 and March 3, 2025, provided that the reporting person remains employed by the issuer as of each vesting date, and (ii) up to 9,610 of the restricted stock units vest in three equal annual installments beginning on the date in 2022 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided that the reporting person remains employed by the issuer as of each vesting date.

Content

Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

Represents 11,976 restricted stock units granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock. The restricted stock units vest as follows: (i) 2,366 of the restricted stock units vest in three equal annual installments on March 3, 2023, March 3, 2024 and March 3, 2025, provided that the reporting person remains employed by the issuer as of each vesting date, and (ii) up to 9,610 of the restricted stock units vest in three equal annual installments beginning on the date in 2022 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided that the reporting person remains employed by the issuer as of each vesting date.