Cricut, Inc. — Director's Dealing 2023

May 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cricut, Inc. (CRCT)
CIK: 0001828962
Period of Report: 2023-05-15

Reporting Person: Ashish Arora (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-15	Class A Common Stock	F	217538	$8.12	Disposed	2140767	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (25123296.0)	25123296	Direct
Class B Common Stock	$		Class A Common Stock (1535105.0)	1535105	Indirect
Class B Common Stock	$		Class A Common Stock (456839.0)	456839	Indirect
Class B Common Stock	$		Class A Common Stock (456839.0)	456839	Indirect
Class B Common Stock	$		Class A Common Stock (627745.0)	627745	Indirect

Footnotes

F1: These shares were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of an RSU award granted to the reporting person on April 20, 2022.

F2: This total includes 47,408 dividend equivalent restricted stock units that were granted in connection with a special one-time cash dividend of $0.35 per share to holders of the issuer's stock, paid on February 15, 2023, to stockholders of record at the close of business on February 1, 2023. 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.

F3: 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.

F4: Reflects a correction of an overreporting of Class B Common Stock in the reporting person's Form 3 filed on March 25, 2021.

F5: The shares are held by the Rushil Arora Trust dated January 20, 2021 for which the reporting person and his spouse serve as trustees.

F6: The shares are held by the Ashish Chandra Arora 2021 GRAT dated January 20, 2021 for which the reporting person serves as trustee.

F7: 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.

F8: The shares are held by the Arora Trust dated February 14, 2012 for which the reporting person and his spouse serve as trustees.