Crocs Inc.

06/28/2022 | Press release | Distributed by Public on 06/28/2022 16:03

Initial Statement of Beneficial Ownership (Form 3)

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
MICHAELS ADAM
2. Date of Event Requiring Statement (Month/Day/Year)
2022-06-14 		3. Issuer Name and Ticker or Trading Symbol
Crocs, Inc. [CROX]
(Last) (First) (Middle)
C/O CROCS, INC. , 13601 VIA VARRA
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
EVP, Chief Digital Officer /
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)
BROOMFIELD CO 80020
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security 2. Amount of Securities Beneficially Owned 3. Ownership Form: Direct (D) or Indirect (I) 4. Nature of Indirect Beneficial Ownership
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Date Exercisable and Expiration Date 3. Title and Amount of Securities Underlying Derivative Security 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 6. Nature of Indirect Beneficial Ownership
Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MICHAELS ADAM
C/O CROCS, INC.
13601 VIA VARRA
BROOMFIELD, CO80020

EVP, Chief Digital Officer

Signatures

/s/Dan Hart, Attorney-in-Fact 2022-06-28
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 55,912 fully vested Restricted Stock Units (RSUs). The following awards are not fully vested (i) 6,319 RSUs vest on September 19, 2022, (ii) 5,227 RSUs vest on March 4, 2023, (iii) 3,637 RSUs vest in two equal annual installments, on August 3, 2022 & August 3, 2023, (iv) 3,876 RSUs vest on May 26, 2023, (v) 7,751 RSUs vest in two equal annual installments on July 22, 2022 & July 22, 2023, (vi) 17,439 RSUs vest in three equal annual installments, beginning on August 17, 2022, (vii) 4,832 RSUs vest in two equal annual installments on March 3, 2023 & March 3, 2024, (viii) 2,093 RSUs vest in three equal annual installments, beginning on March 3, 2023, and (ix) up to 8,502 RSUs vest in three equal annual installments, beginning on the date in 2023 that the issuer's Compensation Committee certifies that certain performance metrics are achieved, provided that, in each case, the reporting person remains employed by the issuer as of the applicable vesting date.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.