SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* SNYDER RONALD R (Last) (First) (Middle) C/O CROCS, INC. 6328 MONARCH PARK PLACE (Street) NIWOT CO 80503 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Crocs, Inc. [ CROX ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) CEO and President
	3. Date of Earliest Transaction (Month/Day/Year) 09/25/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/25/2007		M		38,937	A	$0.51	739,833(1)	D
Common Stock	09/25/2007		M		38,937	A	$10.5	778,770	D
Common Stock	09/25/2007		S(2)		36,033	D	$64.6	742,737	D
Common Stock	09/25/2007		S(2)		1,700	D	$64.61	741,037	D
Common Stock	09/25/2007		S(2)		12,912	D	$64.62	728,125	D
Common Stock	09/25/2007		S(2)		6,002	D	$64.63	722,123	D
Common Stock	09/25/2007		S(2)		6,687	D	$64.64	715,436	D
Common Stock	09/25/2007		S(2)		7,925	D	$64.65	707,511	D
Common Stock	09/25/2007		S(2)		2,800	D	$64.66	704,711	D
Common Stock	09/25/2007		S(2)		1,693	D	$64.67	703,018	D
Common Stock	09/25/2007		S(2)		4,672	D	$64.68	698,346	D
Common Stock	09/25/2007		S(2)		703	D	$64.69	697,643	D
Common Stock	09/25/2007		S(2)		2,200	D	$64.7	695,443	D
Common Stock	09/25/2007		S(2)		4,868	D	$64.71	690,575	D
Common Stock	09/25/2007		S(2)		2,405	D	$64.72	688,170	D
Common Stock	09/25/2007		S(2)		289	D	$64.74	687,881	D
Common Stock	09/25/2007		S(2)		85	D	$64.75	687,796	D
Common Stock	09/25/2007		S(2)		100	D	$64.77	687,696	D
Common Stock	09/25/2007		S(2)		200	D	$64.78	687,496	D
Common Stock	09/25/2007		S(2)		1,200	D	$64.81	686,296	D
Common Stock								33,160	I	By spouse(3)
Common Stock								23,362	I	By child(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$0.51	09/25/2007		M			38,937	(4)	09/01/2011	Common Stock	38,937	$0	233,619	D
Common Stock (Right to Buy)	$10.5	09/25/2007		M			38,937	(5)	02/06/2016	Common Stock	38,937	$0	545,111	D

Explanation of Responses:

1. Since July 31, 2007, the reporting person acquired 19,472 shares of Crocs, Inc. common stock pursuant to the vesting terms of a previously reported restricted stock award.

2. The shares were sold pursuant to a sales plan adopted by the reporting person on September 14, 2007 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.

3. The reporting person disclaims beneficial ownership of these securities except to the extent the reporting person is deemed to have a pecuniary interest in the securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

4. Of the 233,619 options remaining, none are currently vested. The unvested option shares will vest in a series of 12 successive equal monthly installments upon the reporting person's completion of each additional month of continuous employment with the issuer. The option is subject to early exercise.

5. Of the 545,111 options remaining, none are currently vested. The unvested option shares will vest in a series of 28 successive equal monthly installments upon the reporting person's completion of each additional month of continuous employment with the issuer. The option is subject to early exercise.

	/s/ Erik Rebich, Attorney in Fact	09/27/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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