Len Blackwell - Dec 17, 2024 Form 4 Insider Report for Cricut, Inc. (CRCT)

Role
Director
Signature
/s/ Don Olsen, by power of attorney
Stock symbol
CRCT
Transactions as of
Dec 17, 2024
Transactions value $
-$320,608
Form type
4
Date filed
12/19/2024, 04:44 PM
Previous filing
Sep 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRCT Class A Common Stock Sale -$12.5K -1.96K -0.13% $6.40 1.51M Dec 17, 2024 See footnote F1, F2, F3
transaction CRCT Class A Common Stock Sale -$308K -48K -3.19% $6.41 1.46M Dec 18, 2024 See footnote F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2024.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.40 to $6.4050, 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 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.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.40 to $6.4350, 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.