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
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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)
06/12/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
06/14/2007
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 06/12/2007 M(1) 38,937 A $1.02 423,180(2) D
Common Stock 06/12/2007 M 67,531 A $21 490,711 D
Common Stock 06/12/2007 S 10,000 D $90.87 480,711 D
Common Stock 06/12/2007 S 5,000 D $90.92 475,711 D
Common Stock 06/12/2007 S 10,000 D $90.95 465,711 D
Common Stock 06/12/2007 S 5,000 D $90.96 460,711 D
Common Stock 06/12/2007 S 10,000 D $91 450,711 D
Common Stock 06/12/2007 S 20,000 D $91.05 430,711 D
Common Stock 06/12/2007 S 10,000 D $91.06 420,711 D
Common Stock 06/12/2007 S 5,000 D $91.07 415,711 D
Common Stock 06/12/2007 S 15,000 D $91.12 400,711 D
Common Stock 06/12/2007 S 10,000 D $91.5 390,711 D
Common Stock 06/12/2007 S 8,000 D $91.63 382,711 D
Common Stock 06/12/2007 S 9,500 D $91.65 373,211 D
Common Stock 06/12/2007 S 5,000 D $91.8 368,211 D
Common Stock 06/12/2007 S 10,000 D $92.05 358,211 D
Common Stock 06/12/2007 S 10,000 D $92.32 348,211 D
Common Stock 06/12/2007 S 2,500 D $92.39 345,711 D
Common Stock 06/12/2007 S 5,000 D $92.5 340,711 D
Common Stock 16,580 I By spouse(3)
Common Stock 1,305 I By child(3)
Common Stock 1,305 I By child(3)
Common Stock 11,681(4) 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) $1.02 06/12/2007 M 38,937 (5) 09/01/2011 Common Stock 38,937 $0 146,012 D
Employee Stock Option (Right to Buy) $21 06/12/2007 M 67,531 (6) 02/06/2016 Common Stock 67,531 $0 399,709 D
Explanation of Responses:
1. This amended Form 4 restates in its entirety the Form 4 originally filed on June 14, 2007, which inadvertently omitted the reporting person's exercise of employee stock options.
2. Includes 77,888 shares of common stock issued since February 7, 2006 pursuant to the vesting terms of a restricted stock award reported on Form 3 filed February 7, 2006. Becuase the transactions reported herein were executed prior to June 15, 2007, the securities and sale prices reported in this amended Form 4 have not been updated to reflect the 2-for-1 stock split that occurred on June 15, 2007.
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. The reporting person no longer has a reportable beneficial interest in 29,203 shares of Crocs, Inc. common stock owned by his daughter and included in the reporting person's prior ownership reports.
5. Of the 146,012 options remaining, none are currently vested. The option shares will vest in a series of 15 equal monthly installments upon the reporting person's completion of each additional month of continous employment with the issuer. The option is subject to early exercise.
6. Of the 399,709 options remaining, 97,951 are currently vested. The 301,758 unvested options will vest in a series of 31 successive equal monthly installments upon the reporting person's completion of each additional month of continous employment with the issuer. The option is subject to early exercise.
/s/ Maura Coffin, Attorney in Fact 07/11/2007
** 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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