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Cricut, Inc. — Director's Dealing 2024
Aug 17, 2024
32012_dirs_2024-08-16_d9246087-a1e6-4cce-9693-52155e7e414d.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: 2024-08-14
Reporting Person: Ashish Arora (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-14 | Class A Common Stock | S | 57493 | $5.8638 | Disposed | 2539450 | Direct |
| 2024-08-15 | Class A Common Stock | S | 33610 | $5.9949 | Disposed | 2505840 | Direct |
| 2024-08-16 | Class A Common Stock | C | 38495 | — | Acquired | 2544335 | Direct |
| 2024-08-16 | Class A Common Stock | S | 38495 | $5.9435 | Disposed | 2505840 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-16 | Class B Common Stock | $ | C | 38495 | Disposed | Class A Common Stock (38495) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (1535105) | 1535105 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (456839) | 456839 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (456839) | 456839 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (627745) | 627745 | Indirect |
Footnotes
F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.765 to $6.115, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.92 to $6.08, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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. The conversion transactions reported herein are exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.865 to $6.03, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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.