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Crocs, Inc. — Director's Dealing 2023
Mar 7, 2023
31092_dirs_2023-03-06_96d119f1-61fc-4e72-8b87-9e6155cdf904.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: 2023-03-02
Reporting Person: SISLER SHANNON (EVP, Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-02 | Common Stock | A | 8040 | — | Acquired | 45025 | Direct |
| 2023-03-03 | Common Stock | D | 3463 | — | Disposed | 41562 | Direct |
| 2023-03-03 | Common Stock | F | 958 | $125.54 | Disposed | 40604 | Direct |
| 2023-03-04 | Common Stock | F | 1293 | $125.06 | Disposed | 39311 | Direct |
Footnotes
F1: Represents 8,040 restricted stock units (RSUs) granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest as follows: (i) 1,608 of the RSUs vest in three equal annual installments on March 2, 2024, March 2, 2025 and March 2, 2026, (ii) up to 3,216 of the RSUs vest in three equal annual installments beginning on the date in 2024 that the issuer's compensation committee certifies that certain performance metrics are achieved and (iii) up to 3,216 of the RSUs vest on the date in 2026 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided, in each case, that the reporting person remains employed by the issuer as of each applicable vesting date.
F2: Represents the restricted stock units that were cancelled as certain performance metrics relating to the vesting of such awards were not achieved.
F3: Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.