Key facts
- This page summarizes Donald B. Olsen's Form 4 filing for Cricut, Inc. (CRCT).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 22 Jul 2024, 19:15.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
Additional SEC filing notes
Footnote F1
This reflects dividend equivalent restricted stock units that were granted in connection with a special one-time cash dividend of $.40 per share and a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on July 19, 2024, to stockholders of record at the close of business on July 2, 2024. Holders of restricted stock units that were unvested on the record date were automatically credited with a dividend equivalent based on the value of the per share dividend pursuant to the terms of the issuer's equity incentive documents.
Footnote F2
Reflects equitable adjustment to the option exercise price pursuant to the underlying plan in connection with Cricut's special cash dividends declared on December 21, 2022, May 18, 2023, and May 7, 2024. Pursuant to the adjustment, the exercise price was reduced by $1.75.
Footnote F3
Shares subject to the option vest as follows: (i) 7,592 vest in four equal annual installments beginning on March 1, 2021 and (ii) 6,212 vest in four equal annual installments beginning on August 17, 2021.