Abdiel Capital Management, LLC - Oct 6, 2023 Form 4 Insider Report for Cricut, Inc. (CRCT)

Role
10%+ Owner
Signature
By: /s/ Colin T. Moran as managing member of Abdiel Capital Management, LLC
Stock symbol
CRCT
Transactions as of
Oct 6, 2023
Transactions value $
-$11,310,000
Form type
4
Date filed
10/11/2023, 05:34 PM
Previous filing
Jan 19, 2023
Next filing
Nov 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRCT Class A Common Stock Sale -$11.3M -1.3M -8.73% $8.70 13.6M Oct 6, 2023 By Abdiel Qualified Master Fund, LP F1
transaction CRCT Class A Common Stock Sale -$2.65K -305 0% $8.70 13.6M Oct 6, 2023 By Abdiel Capital, LP F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.