Crocs : Initial Statement of Beneficial Ownership (Form 3)
June 29, 2022 at 03:37 am IST
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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)
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.
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Crocs Inc. published this content on 28 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2022 22:06:06 UTC.
Crocs, Inc. is engaged in the design, development, worldwide marketing, distribution, and sale of casual lifestyle footwear and accessories for women, men, and children. The Companyâs segments include Crocs Brand and the HEYDUDE Brand. The Companyâs Crocs Brand collection contains Croslite material, a molded footwear technology, delivering extraordinary comfort with each step. Its Croslite materials are formulated to create soft, comfortable, lightweight, non-marking, and odor-resistant footwear. The HEYDUDE Brand offers shoes with a versatile silhouette. It sells its products in more than 80 countries, through two distribution channels: wholesale and direct-to-consumer. Its wholesale channel includes domestic and international multi-brand retailers, mono-branded partner stores, e-tailers, and distributors; its direct-to-consumer channel includes Company-operated retail stores, Company-operated e-commerce sites, and third-party marketplaces.