SEC Form 4 · accession 0001209191-18-018978
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
Mar 8, 2018
Accepted (ET)
Mar 12, 2018 · 7:26 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 | Mar 8, 2018 | A | 115,759 | $0.00 | A | 553,877 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 115,759 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. The restricted stock units vest as follows: (i) 23,149 of the restricted stock units vest in three equal annual installments on March 8, 2019, March 8, 2020 and March 8, 2021, provided that the reporting person remains employed by the issuer as of each vesting date, and (ii) up to 92,610 of the restricted stock units vest in three equal annual installments beginning on the date in 2019 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided that the reporting person remains employed by the issuer as of each vesting date.