Thomas Britt - Mar 11, 2025 Form 4 Insider Report for Crocs, Inc. (CROX)

Signature
/s/Sara Hoverstock, Attorney-in-Fact
Stock symbol
CROX
Transactions as of
Mar 11, 2025
Transactions value $
-$65,611
Form type
4
Date filed
3/13/2025, 08:36 PM
Previous filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CROX Common Stock Award $0 +17K +90.4% $0.00 35.7K Mar 11, 2025 Direct F1
transaction CROX Common Stock Disposed to Issuer $0 -2.6K -7.28% $0.00 33.1K Mar 12, 2025 Direct F2
transaction CROX Common Stock Tax liability -$65.6K -644 -1.95% $101.88 32.5K Mar 12, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 16,950 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) 3,390 of the RSUs vest in three equal annual installments on March 11, 2026, March 11, 2027 and March 11, 2028, (ii) up to 5,085 of the RSUs vest in three equal annual installments beginning on the date in 2026 that the issuer's compensation committee certifies that certain performance metrics are achieved and (iii) up to 8,475 of the RSUs vest on the date in 2028 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 the applicable vesting date.
F2 Represents the restricted stock units that were cancelled as the performance metric relating to the vesting of such award was not achieved.
F3 Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.