SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL 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*
Shill Kimball C

(Last) (First) (Middle)
10855 S. RIVER FRONT PARKWAY

(Street)
SOUTH JORDAN UT 84095

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2022
3. Issuer Name and Ticker or Trading Symbol
Cricut, Inc. [ CRCT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 581,892(1) D
Class A Common Stock 614 I By Spouse
Class A Common Stock 205 I By Son
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) (2) 03/24/2031 Class A Common Stock 27,886 $20 D
Explanation of Responses:
1. 100,000 shares are represented by restricted stock units which vest in four equal annual installments as follows beginning on May 15, 2022. The following shares are represented by restricted stock awards, which vest in four equal annual installments as follows: (i) 127,710 shares beginning on May 6, 2020; (ii) 96,048 shares beginning on October 1, 2020; (iii) 16,964 shares beginning on March 1, 2021; and (iv) 75,162 shares beginning on August 17, 2021. The reporting person purchased 163,857 shares, 12,030 of which will vest on December 2, 2022. In addition, the reporting person purchased 2,151 shares in an IRA account.
2. Shares subject to the option vest as follows: (i) 3,038 vest in four equal annual installments beginning on March 1, 2021 and (ii) 24,848 vest in four equal annual installments beginning on August 17, 2021.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Donald Olsen, by power of attorney 04/05/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.