SEC Form 4 · accession 0001209191-17-038683
Crocs, Inc. · CROX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg Ribatt
Director
Period of report
Jun 6, 2017
Accepted (ET)
Jun 8, 2017 · 8:05 pm EDT
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,F2 | Jun 6, 2017 | A | 13,168 | $0.00 | A | 319,041 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the issuer's Board of Directors Compensation Plan, the Board of Directors granted $90,000 of common stock to each non-employee director under the issuer's 2015 Equity Incentive Plan, based on the $6.835 closing price of the stock on June 6, 2017 as quoted on the NASDAQ Global Select Market.
- F2Adjusted to reflect 214,152 restricted stock units that were cancelled as certain performance metrics relating to the vesting of such awards were not achieved, and 488,969 restricted stock units that were forfeited by Mr. Ribatt as of June 1, 2017 in connection with his resignation as the issuer's Chief Executive Officer.