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Abdiel Capital LP's Form 4/A amendment

Amended

Cricut, Inc. (CRCT) · filed Jan 21, 2022

Accession no.
0000899243-22-002815
Filed
Jan 21, 2022, 12:27 PM ET
Trade date
Jan 3-4, 2022
Filing delay
18 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Jan 5, 2022

This filing lists 2 non-derivative transactions. Open-market purchases total $915.3K. It was filed 18 days after the trade.

This amendment replaces 0000899243-22-001004 (filed Jan 5, 2022).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Abdiel Capital LPCIK 000136277110% Owner
Abdiel Qualified Master Fund LPCIK 000150823910% Owner
Abdiel Capital Advisors, LPCIK 000157868410% Owner
Abdiel Capital Management, LLCCIK 000165917910% Owner
Moran Colin T.CIK 000165919810% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jan 3, 2022Class A Common StockPPurchaseAcquired+30,000$21.85F3+$655,50011,063,966Indirect
Jan 4, 2022Class A Common StockPPurchaseAcquired+11,300$22.99F4+$259,78711,075,266Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

This amendment is being filed to correct the number of shares that was purchased by Abdiel Qualified Master Fund, LP on January 3, 2022. The Form 4 filed on January 5, 2022 reported the purchase of 25,000 shares, but should have reported the purchase of 30,000 shares. This was an inadvertent typographical error.

F2

The share numbers in Column 5 represent the aggregated holdings of Abdiel Qualified Master Fund, LP ("AQMF") and Abdiel Capital, LP ("ACLP"). Abdiel Capital Management, LLC is the general partner of AQMF and ACLP, and Abdiel Capital Advisors, LP serves as the investment manager of AQMF and ACLP. Colin T. Moran is the managing member of Abdiel Capital Management, LLC and Abdiel Capital Partners, LLC, which is the general partner of Abdiel Capital Advisors, LP. By virtue of the foregoing relationships, each of the Reporting Persons may be deemed to beneficially own the securities held by AQMF and ACLP. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of its or his pecuniary interest therein.

F3

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.43 to $22.25. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.85 to $23.00. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)