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Crocs, Inc. — Director's Dealing 2011
Jan 20, 2011
31092_dirs_2011-01-20_592102c6-5a7b-4f6d-bd07-febeea5dbd34.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Crocs, Inc. (CROX)
CIK: 0001334036
Period of Report: 2011-01-18
Reporting Person: Hart Daniel P (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-18 | Common Stock | M | 4167 | $3.99 | Acquired | 133777 | Direct |
| 2011-01-18 | Common Stock | S | 4167 | $16.5907 | Disposed | 129610 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-18 | Employee Stock Option (Right to Buy) | $3.99 | M | 4167 | Disposed | 2019-06-15 | Common Stock (4167) | Direct |
Footnotes
F1: The shares were sold pursuant to a sales plan adopted by the reporting person on May 27, 2010 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.43 to $16.955, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, 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 ranges set forth in this footnote.
F3: Twenty-five percent (25%) of the options vested and became exercisable on June 15, 2010. Thereafter, the remaining options vest and become exercisable in thirty-six (36) successive equal monthly installments upon the reporting person's completion of each additional month of continuous service with the issuer.