Donald B. Olsen - Jul 21, 2021 Form 4 Insider Report for Cricut, Inc. (CRCT)

Signature
/s/ Don Olsen
Stock symbol
CRCT
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
4
Date filed
7/22/2021, 06:06 PM
Next filing
Aug 31, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRCT Class A Common Stock Conversion of derivative security +579K +1928.94% 609K Jul 21, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRCT Class B Common Stock Conversion of derivative security $0 -579K -86.12% $0.00 93.3K Jul 21, 2021 Class A Common Stock 579K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F2 30,000 of the shares are represented by unvested restricted stock units.
F3 Reflects a correction of an overreporting of Class B Common Stock in the reporting person's Form 3 filed on March 25, 2021.