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Cricut, Inc. — Director's Dealing 2021
Mar 25, 2021
32012_dirs_2021-03-25_9abbc8fc-1906-4187-ad63-8512db2422e2.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Cricut, Inc. (CRCT)
CIK: 0001828962
Period of Report: 2021-03-24
Reporting Person: Ashish Arora (Director, Chief Executive Officer, 10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (26523019) | Direct | ||
| Class B Common Stock | $ | Class A Common Stock (769132) | Indirect | ||
| Class B Common Stock | $ | Class A Common Stock (769132) | Indirect | ||
| Class B Common Stock | $ | Class A Common Stock (1538264) | Indirect | ||
| Employee Stock Option (right to buy) | $20.00 | 2031-03-24 | Class A Common Stock (2218889) | Direct |
Footnotes
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 the Ashish Chandra Arora 2021 GRAT dated January 20, 2021 for which the reporting person serves as trustee.
F3: 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.
F4: The shares are held by the Rushil Arora Trust dated January 20, 2021 for which the reporting person and his spouse serve as trustees.
F5: Shares subject to the option vest as follows: (i) 1,110,547 vest in four equal annual installments beginning on July 1, 2019; (ii) 261,671 vest in four equal annual installments beginning on March 1, 2021 and (iii) 846,671 vest in four equal annual installments beginning on August 17, 2021.