Crocs, Inc. — Director's Dealing 2021

Mar 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Crocs, Inc. (CROX)
CIK: 0001334036
Period of Report: 2021-03-02

Reporting Person: Boltz Elaine L (Chief Operations Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-02	Common Stock	F	1111	$78.27	Disposed	109719	Direct
2021-03-03	Common Stock	A	11811	—	Acquired	121530	Direct
2021-03-04	Common Stock	D	7500	—	Disposed	114030	Direct
2021-03-04	Common Stock	F	2323	$75.16	Disposed	111707	Direct

Footnotes

F1: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.

F2: Represents 11,811 restricted stock units granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock. The restricted stock units vest as follows: (i) 2,359 of the restricted stock units vest in three equal annual installments on March 3, 2022, March 3, 2023 and March 3, 2024, provided that the reporting person remains employed by the issuer as of each vesting date, and (ii) up to 9,452 of the restricted stock units vest in three equal annual installments beginning on the date in 2021 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided that the reporting person remains employed by the issuer as of each vesting date.

F3: Represents the restricted stock units that were cancelled as certain performance metrics relating to the vesting of such awards were not achieved.