Kimball C. Shill - 01 Apr 2022 Form 3 Insider Report for Cricut, Inc. (CRCT)

Role
Chief Financial Officer
Signature
/s/ Donald Olsen, by power of attorney
Issuer symbol
CRCT
Transactions as of
01 Apr 2022
Net transactions value
$0
Form type
3
Filing time
05 Apr 2022, 16:50:45 UTC
Next filing
21 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CRCT Class A Common Stock 581,892 01 Apr 2022 Direct F1
holding CRCT Class A Common Stock 614 01 Apr 2022 By Spouse
holding CRCT Class A Common Stock 205 01 Apr 2022 By Son

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
holding CRCT Employee Stock Option (right to buy) 01 Apr 2022 Class A Common Stock 27,886 $20.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100,000 shares are represented by restricted stock units which vest in four equal annual installments as follows beginning on May 15, 2022. The following shares are represented by restricted stock awards, which vest in four equal annual installments as follows: (i) 127,710 shares beginning on May 6, 2020; (ii) 96,048 shares beginning on October 1, 2020; (iii) 16,964 shares beginning on March 1, 2021; and (iv) 75,162 shares beginning on August 17, 2021. The reporting person purchased 163,857 shares, 12,030 of which will vest on December 2, 2022. In addition, the reporting person purchased 2,151 shares in an IRA account.
F2 Shares subject to the option vest as follows: (i) 3,038 vest in four equal annual installments beginning on March 1, 2021 and (ii) 24,848 vest in four equal annual installments beginning on August 17, 2021.

Remarks:

Exhibit 24 - Power of Attorney