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

Signature
/s/Daniel Hart, Attorney-in-Fact
Issuer symbol
CROX
Transactions as of
12 Mar 2024
Net transactions value
$0
Form type
4
Filing time
14 Mar 2024, 19:46:10 UTC
Previous filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CROX Common Stock Award $0 +8,956 +28% $0.000000 41,126 12 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 8,956 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) 1,792 of the RSUs vest in three equal annual installments on March 12, 2025, March 12, 2026 and March 12, 2027, (ii) up to 3,582 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 3,582 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.