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Crocs, Inc. — Director's Dealing 2020
Jun 13, 2020
31092_dirs_2020-06-12_47bc4056-41b4-4e44-8087-307c588f38d0.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: 2020-06-10
Reporting Person: TREFF DOUGLAS J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-10 | Common Stock | A | 2178 | — | Acquired | 95906 | Direct |
| 2020-06-10 | Common Stock | A | 3094 | — | Acquired | 99000 | Direct |
Footnotes
F1: Represents the annual common stock grant to non-employee directors pursuant to the issuer's Board of Directors Compensation Plan. As previously disclosed, in light of the COVID-19 pandemic impacts, the reporting person voluntarily elected to take a 50% reduction in aggregate board compensation for the remainder of the 2020 calendar year (in either stock or cash compensation at the reporting person's election), which is reflected in the grant.
F2: Reflects the cancellation of 1,096 shares as a result of a reduction in shares set forth in footnote 1 and the elimination of the IT Committee.
F3: Pursuant to the issuer's Board of Directors Compensation Plan, the reporting person elected to receive restricted stock in lieu of the cash compensation retainer for Board and committee service, subject to the reductions set forth in footnote 1. The restricted stock vests in four equal installments on September 10, 2020, December 10, 2020, March 10, 2021 and June 10, 2021.