Ashish Arora's Form 4/A amendment
AmendedCricut, Inc. (CRCT) · filed Aug 19, 2024
- Accession no.
- 0001828962-24-000108
- Filed
- Aug 19, 2024
- Trade date
- Aug 15, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Aug 16, 2024
This filing lists 1 non-derivative transaction and 1 derivative transaction. It carries over 5 transactions from the original filing that it did not restate. Open-market sales total $766.9K. It was filed 4 days after the trade.
This amendment restates part of 0001828962-24-000106 (filed Aug 16, 2024). The transactions it did not restate still count and are listed below.
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.
| Owner | Relationship to the company |
|---|---|
| Ashish AroraCIK 0001851564 | Director, Officer (Chief Executive Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 15, 2024 | Class A Common Stock | CConversionAcquired | +8,613 | –F1 | – | 2,539,450 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 15, 2024 | Class A Common Stock | CConversionDisposed | −8,613 | $0.00 | $0 | 25,114,683 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001828962-24-000106 (filed Aug 16, 2024).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 14, 2024 | Class A Common Stock | SSaleDisposed | −57,493 | $5.86F1 | −$336,908.98 | 2,539,450 | Direct | |
| Aug 15, 2024 | Class A Common Stock | SSaleDisposed | −33,610 | $5.99F2 | −$201,323.9 | 2,505,840 | Direct | |
| Aug 16, 2024 | Class A Common Stock | CConversionAcquired | +38,495 | –F3 | – | 2,544,335 | Direct | |
| Aug 16, 2024 | Class A Common Stock | SSaleDisposed | −38,495 | $5.94F4 | −$228,660.3 | 2,505,840 | Direct |
Derivative securities (Table II)
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2024 | Class A Common Stock | CConversionDisposed | −38,495 | $0.00 | $0 | 25,084,801 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F1
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.
Referenced by the price of 1 transaction in Table I.
- F2
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.
Referenced by the price of 1 transaction in Table I.
- F3
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.
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 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.
Referenced by the price of 1 transaction in Table I.
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 to Form 4 is being filed to reflect the conversion of 8,613 shares of Class B Common Stock to Class A Common Stock on August 15, 2024. No other transactions reported in the original Form 4 are being re-reported herein. 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.
Referenced by the price of 1 transaction in Table I.