SEC Form 4 · accession 0001209191-15-086139
Crocs, Inc. · CROX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carrie W. Teffner
Officer — EVP, Chief Financial Officer
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 5:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334036
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 16, 2015 | D | 1,328 | $0.00 | D | 7,962 | D | |
| Common StockF2,F3 | Dec 16, 2015 | A | 80,148 | $0.00 | A | 88,110 | D | |
| Common StockF2,F4 | Dec 16, 2015 | A | 80,148 | $0.00 | A | 168,258 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective December 16, 2015, Carrie Teffner was appointed Executive Vice President and Chief Financial Officer of the Issuer, and she resigned as a member of the issuer's Board of Directors. In connection with her resignation from the Board of Directors, 1,328 shares of restricted stock previously awarded for board service were cancelled.
- F2Represents restricted stock units granted to the reporting person under the issuer's 2015 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the issuer's common stock.
- F3The restricted stock units vest in three equal annual installments on December 16, 2016, December 16, 2017 and December 16, 2018, provided that the reporting person remains in continuous service with the issuer as of each vesting date.
- F4The restricted stock units vest based on the achievement of certain stock prices of the issuer over a four year period from the grant date, provided that the reporting person remains in continuous service with the issuer as of each vesting date (subject to certain exceptions).