0001828962-24-000095.txt : 20240722
0001828962-24-000095.hdr.sgml : 20240722
20240722191613
ACCESSION NUMBER: 0001828962-24-000095
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240719
FILED AS OF DATE: 20240722
DATE AS OF CHANGE: 20240722
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Harmer Ryan
CENTRAL INDEX KEY: 0001850777
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40257
FILM NUMBER: 241132606
MAIL ADDRESS:
STREET 1: 10855 SOUTH RIVER FRONT PARKWAY
CITY: SOUTH JORDAN
STATE: UT
ZIP: 84095
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Cricut, Inc.
CENTRAL INDEX KEY: 0001828962
STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 870282025
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 10855 SOUTH RIVER FRONT PARKWAY
CITY: SOUTH JORDAN
STATE: UT
ZIP: 84095
BUSINESS PHONE: 877-727-4288
MAIL ADDRESS:
STREET 1: 10855 SOUTH RIVER FRONT PARKWAY
CITY: SOUTH JORDAN
STATE: UT
ZIP: 84095
FORMER COMPANY:
FORMER CONFORMED NAME: Cricut Inc
DATE OF NAME CHANGE: 20201019
4
1
wk-form4_1721690166.xml
FORM 4
X0508
4
2024-07-19
0
0001828962
Cricut, Inc.
CRCT
0001850777
Harmer Ryan
C/O CRICUT, INC.
10855 SOUTH RIVER FRONT PARKWAY
SOUTH JORDAN
UT
84095
0
1
0
0
Principal Accounting Officer
0
Class A Common Stock
2024-07-19
4
A
0
12186
0
A
284677
D
Employee Stock Option (right to buy)
18.25
2031-03-24
Class A Common Stock
10008
10008
D
This reflects dividend equivalent restricted stock units that were granted in connection with a special one-time cash dividend of $.40 per share and a recurring semi-annual cash dividend of $.10 per share to holders of the issuer's stock, paid on July 19, 2024, to stockholders of record at the close of business on July 2, 2024. Holders of restricted stock units that were unvested on the record date were automatically credited with a dividend equivalent based on the value of the per share dividend pursuant to the terms of the issuer's equity incentive documents.
Reflects equitable adjustment to the option exercise price pursuant to the underlying plan in connection with Cricut's special cash dividends declared on December 21, 2022, May 18, 2023, and May 7, 2024. Pursuant to the adjustment, the exercise price was reduced by $1.75.
Shares subject to the option vest as follows: (i) 3,796 vest in four equal annual installments beginning on March 1, 2021 and (ii) 6,212 vest in four equal annual installments beginning on August 17, 2021.
/s/ Don Olsen, by power of attorney
2024-07-22