Arora Ashish - Aug 14, 2024 Form 4 Insider Report for Cricut, Inc. (CRCT)

Signature
/s/ Don Olsen, by power of attorney
Stock symbol
CRCT
Transactions as of
Aug 14, 2024
Transactions value $
-$767,411
Form type
4
Date filed
8/16/2024, 08:13 PM
Previous filing
Aug 13, 2024
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRCT Class A Common Stock Sale -$337K -57.5K -2.21% $5.86 2.54M Aug 14, 2024 Direct F1
transaction CRCT Class A Common Stock Sale -$201K -33.6K -1.32% $5.99 2.51M Aug 15, 2024 Direct F2
transaction CRCT Class A Common Stock Conversion of derivative security +38.5K +1.54% 2.54M Aug 16, 2024 Direct F3
transaction CRCT Class A Common Stock Sale -$229K -38.5K -1.51% $5.94 2.51M Aug 16, 2024 Direct F4

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 -38.5K -0.15% $0.00 25.1M Aug 16, 2024 Class A Common Stock 38.5K Direct F3
holding CRCT Class B Common Stock 1.54M Aug 14, 2024 Class A Common Stock 1.54M See footnote F3, F5
holding CRCT Class B Common Stock 457K Aug 14, 2024 Class A Common Stock 457K See footnote F3, F6
holding CRCT Class B Common Stock 457K Aug 14, 2024 Class A Common Stock 457K See footnote F3, F7
holding CRCT Class B Common Stock 628K Aug 14, 2024 Class A Common Stock 628K See footnote F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.765 to $6.115, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.92 to $6.08, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 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. The conversion transactions reported herein are exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.865 to $6.03, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The shares are held by the Rushil Arora Trust dated January 20, 2021 for which the reporting person and his spouse serve as trustees.
F6 The shares are held by the Ashish Chandra Arora 2021 GRAT dated January 20, 2021 for which the reporting person serves as trustee.
F7 The shares are held by the Mridu Vashist Arora 2021 GRAT dated January 20, 2021 for which the reporting person's spouse serves as trustee.
F8 The shares are held by the Arora Trust dated February 14, 2012 for which the reporting person and his spouse serve as trustees.