Len Blackwell - 16 Jul 2021 Form 4 Insider Report for Cricut, Inc. (CRCT)

Role: Director
Signature: /s/ Don Olsen, by power of attorney
Issuer symbol: CRCT
Transactions as of: 16 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 29 Jul 2021, 16:42:20 UTC
Next filing: 20 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	Award		+375,000			375,000	16 Jul 2021	See footnote	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	-375,000	-24%	$0.000000	1,174,647	16 Jul 2021	Class A Common Stock	375,000		See footnote	F1, F2

* 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	The shares are held by L&J Blackwell Partnership Ltd., or L&J Partnership. The reporting person serves as president of Continuous Asset Management LLC, the General Partner of L&J Partnership.