Form 4 for CROX Crocs, Inc.
Accepted 2022-03-07 00:00:00 ET · period of report 2022-03-03 · accession 0001334036-22-000034 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-03-07 | 2022-03-03 | CROX | Rees Andrew | CEO, Dir | A - Grant | $0.00 | +157.2K | 1.03M | +18% | $0 | |
| M | 2022-03-07 | 2022-03-04+ | CROX | Rees Andrew | CEO, Dir | F - Tax | $69.07 | -36.3K | 992.4K | -4% | -$2.51M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-03 | A | A | 157,177 | $0.00 | 1,028,701 | D | — | — | (F1) Represents 157,177 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) 31,059 of the restricted stock units vest in three equal annual installments on March 3, 2023, March 3, 2024 and March 3, 2025, provided that the reporting person remains employed by the issuer as of each vesting date, and (ii) up to 126,118 of the restricted stock units vest in three equal annual installments beginning on the date in 2023 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. |
| 2 | Common | Common Stock | 2022-03-04 | F | D | 13,809 | $71.73 | 1,014,892 | D | — | — | (F2) Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award. The reporting person also chose to pay a portion of the tax withholding obligations upon vesting in cash. |
| 3 | Common | Common Stock | 2022-03-07 | F | D | 22,533 | $67.44 | 992,359 | D | — | — | (F3) Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award. |