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Crocs, Inc. Director's Dealing 2023

Mar 7, 2023

31092_dirs_2023-03-06_2559d6ff-7c5f-448b-bf9b-447fff35f1f8.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: Hart Daniel P (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-02 Common Stock A 6726 Acquired 244086 Direct
2023-03-03 Common Stock D 4400 Disposed 239686 Direct
2023-03-03 Common Stock F 1539 $125.54 Disposed 238147 Direct
2023-03-04 Common Stock F 2944 $125.06 Disposed 235203 Direct

Footnotes

F1: Represents 6,726 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) 1,346 of the RSUs vest in three equal annual installments on March 2, 2024, March 2, 2025 and March 2, 2026, (ii) up to 2,690 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 2,690 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.