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

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, 07:46 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 +9.95K +34.85% $0.00 38.5K 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 9,951 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) 1,991 of the RSUs vest in three equal annual installments on March 12, 2025, March 12, 2026 and March 12, 2027, (ii) up to 3,980 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 3,980 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.