AI assistant
Cricut, Inc. — Director's Dealing 2022
Feb 18, 2022
32012_dirs_2022-02-18_e3e33eae-8d06-4ad7-b760-ecc5d80f6bf8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cricut, Inc. (CRCT)
CIK: 0001828962
Period of Report: 2022-02-16
Reporting Person: Makler Jason (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-16 | Class B Common Stock | $ | J | 375000 | Acquired | Class A Common Stock (375000.0) | Indirect |
Footnotes
F1: On February 16, 2021, Petrus Employee Profit Share, L.P. (PAM2) distributed, without consideration and in accordance with its partnership agreement, 1,520,895 shares of Class B Common Stock to its limited partners, including the reporting person. The limited partners of PAM2 are employees of the Petrus Asset Management division of the Petrus Trust Company, LTA (PTC), and PAM2's shares are being distributed to the employee limited partners in five annual distributions starting in 2022. The distribution is exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the Act).
F2: 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.
F3: The shares are held by the Jason and Alisa Makler Living Trust for which the reporting person serves as co-trustee.