Elaine L. Boltz - Mar 2, 2022 Form 4 Insider Report for Crocs, Inc. (CROX)

Role: EVP, Chief Operations Officer
Signature: /s/Dan Hart, Attorney-in-Fact
Stock symbol: CROX
Transactions as of: Mar 2, 2022
Transactions value $: -$389,246
Form type: 4
Date filed: 3/4/2022, 07:14 PM
Previous filing: Aug 19, 2021
Next filing: Aug 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CROX	Common Stock	Tax liability	-$91.4K	-1.11K	-1.18%	$82.67	92.4K	Mar 2, 2022	Direct	F1
transaction	CROX	Common Stock	Award	$0	+12K	+12.97%	$0.00	104K	Mar 3, 2022	Direct	F2
transaction	CROX	Common Stock	Tax liability	-$87.4K	-1.14K	-1.09%	$77.03	103K	Mar 3, 2022	Direct	F1
transaction	CROX	Common Stock	Tax liability	-$210K	-2.93K	-2.84%	$71.73	100K	Mar 4, 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.