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

Role
EVP, General Counsel & Sec.
Signature
/s/ Don Olsen
Issuer symbol
CRCT
Transactions as of
21 Jul 2021
Net transactions value
$0
Form type
4
Filing time
22 Jul 2021, 18:06:21 UTC
Next filing
31 Aug 2021
SEC
View on sec.gov

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 +578,682 +1929% 608,682 21 Jul 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 -578,682 -86% $0.000000 93,270 21 Jul 2021 Class A Common Stock 578,682 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.