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Cricut, Inc. — Director's Dealing 2023
Nov 16, 2023
32012_dirs_2023-11-16_13f9c14a-0a28-4d05-aae8-0f17503dd61e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cricut, Inc. (CRCT)
CIK: 0001828962
Period of Report: 2023-11-16
Reporting Person: Ashish Arora (Director, Chief Executive Officer, 10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $18.65 | 2031-03-24 | Class A Common Stock (2218889) | 2218889 | Direct |
Footnotes
F1: 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 and May 18, 2023. Pursuant to the adjustment, the exercise price was reduced by $1.35.
F2: 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.