Company: CRCT
Filing Date: 2025-04-01
Form Type: PRE 14A
Source: 0001828962-25-000058
Chunk: 50

Company: Cricut, Inc.
Filing Date: 2025-04-01
Form: PRE 14A
Chunk 50
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     |       — |     |           — |     | —                                                              |     |  82,500 |     |     275,000 |     |                                                 — |     |                      1,526,250 |

(1) Reflects target and maximum dollar amounts payable under the 2024 bonus plan and other bonus opportunities for performance during 2024, as described above in “Compensation Discussion and Analysis—Executive Pay and 2024 Compensation.” “Threshold” refers to the minimum amount payable for a certain level of performance; “Target” refers to the amount payable if specified performance targets are reached; and “Maximum” refers to the maximum payout possible. For Mr. Arora, two entries are included for the two components of his bonuses. The 2024 bonus plan did not include a maximum cap on the payout. The actual amounts paid under the 2024 bonus plan are shown in the Summary Compensation Table above.

(2) RSUs granted on June 27, 2024 vest in four equal annual installments beginning on May 15, 2025.

(3) Reflects the aggregate grant-date fair value of RSUs and stock options granted to our named executive officers during 2024 computed in accordance with FASB ASC Topic 718, rather than the amounts paid or realized by the named executive officer. We provide information regarding the assumptions used to calculate the value of all stock options and RSUs and incentive unit awards made to our named executive officers in Note 12 to our consolidated financial statements included in our annual report on Form 10-K filed on March 4, 2025. As disclosed in Note 12, as of December 31, 2024, we determined it was not probable any LTIP performance conditions would be achieved, so no stock-based compensation was actually recorded for the LTIP during the year ended December 31, 2024.

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#### Outstanding Equity Awards at Fiscal 2024 Year-End
The following table sets forth information regarding outstanding equity awards held by our named executive officers as of December 31, 2024.

|                 |     |              |     |                                                       Option Awards |     |                                                                       |     |                                                                                                |     |                              |     |                        |     |                                                   Stock Awards |     |                                                                      |     |                                                                                                        |     |                                                                                                                        |
| Name            |     | GrantDate(1) |     | Number of Securities Underlying Unexercised Options (#) Exercisable