Len Blackwell - Sep 23, 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: Sep 23, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/27/2021, 05:52 PM
Previous 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	Award		+1.17M	+352.32%		1.51M	Sep 23, 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	-1.17M	-100%	$0.00^*	0	Sep 23, 2021	Class A Common Stock	1.17M		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.