Adam Michaels - Mar 12, 2024 Form 4 Insider Report for Crocs, Inc. (CROX)

Role: EVP, Chief Digital Officer
Signature: /s/Daniel Hart, Attorney-in-Fact
Stock symbol: CROX
Transactions as of: Mar 12, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/14/2024, 07:45 PM
Previous filing: Mar 5, 2024
Next filing: May 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CROX	Common Stock	Award	$0	+13.3K	+13.54%	$0.00	111K	Mar 12, 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents 13,270 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) 2,654 of the RSUs vest in three equal annual installments on March 12, 2025, March 12, 2026 and March 12, 2027, (ii) up to 5,308 of the RSUs vest in three equal annual installments beginning on the date in 2025 that the issuer's compensation committee certifies that certain performance metrics are achieved and (iii) up to 5,308 of the RSUs vest on the date in 2027 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.

Content

Represents 13,270 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) 2,654 of the RSUs vest in three equal annual installments on March 12, 2025, March 12, 2026 and March 12, 2027, (ii) up to 5,308 of the RSUs vest in three equal annual installments beginning on the date in 2025 that the issuer's compensation committee certifies that certain performance metrics are achieved and (iii) up to 5,308 of the RSUs vest on the date in 2027 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.