Filing Details
- Accession Number:
- 0001828962-24-000106
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-16 20:13:14
- Reporting Period:
- 2024-08-14
- Accepted Time:
- 2024-08-16 20:13:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1828962 | Cricut Inc. | CRCT | Special Industry Machinery, Nec (3559) | 870282025 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1851564 | Arora Ashish | C/O Cricut, Inc. 10855 South River Front Parkway South Jordan UT 84095 | Chief Executive Officer | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2024-08-14 | 57,493 | $5.86 | 2,539,450 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-08-15 | 33,610 | $5.99 | 2,505,840 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2024-08-16 | 38,495 | $0.00 | 2,544,335 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2024-08-16 | 38,495 | $5.94 | 2,505,840 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2024-08-16 | 38,495 | $0.00 | 38,495 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 25,084,801 | No | 4 | C | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 1,535,105 | 1,535,105 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 456,839 | 456,839 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 456,839 | 456,839 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 627,745 | 627,745 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 1,535,105 | 1,535,105 | Indirect | |
| 456,839 | 456,839 | Indirect | |
| 456,839 | 456,839 | Indirect | |
| 627,745 | 627,745 | Indirect |
Footnotes
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.765 to $6.115, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.92 to $6.08, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. The conversion transactions reported herein are exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.865 to $6.03, inclusive. The reporting person undertakes to provide to Cricut Inc., any security holder of Cricut Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The shares are held by the Rushil Arora Trust dated January 20, 2021 for which the reporting person and his spouse serve as trustees.
- The shares are held by the Ashish Chandra Arora 2021 GRAT dated January 20, 2021 for which the reporting person serves as trustee.
- The shares are held by the Mridu Vashist Arora 2021 GRAT dated January 20, 2021 for which the reporting person's spouse serves as trustee.
- The shares are held by the Arora Trust dated February 14, 2012 for which the reporting person and his spouse serve as trustees.
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