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

Role
Director
Signature
/s/ Don Olsen, by power of attorney
Stock symbol
CRCT
Transactions as of
Jul 16, 2021
Transactions value $
$0
Form type
4
Date filed
7/29/2021, 04:42 PM
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRCT Class A Common Stock Award +375K 375K Jul 16, 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 -375K -24.2% $0.00 1.17M Jul 16, 2021 Class A Common Stock 375K 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.