0001213900-24-025644.txt : 20240325 0001213900-24-025644.hdr.sgml : 20240325 20240325182733 ACCESSION NUMBER: 0001213900-24-025644 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240322 FILED AS OF DATE: 20240325 DATE AS OF CHANGE: 20240325 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Petrus Trust Company, LTA CENTRAL INDEX KEY: 0001473429 ORGANIZATION NAME: STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40257 FILM NUMBER: 24780460 BUSINESS ADDRESS: STREET 1: 3000 TURTLE CREEK BLVD. CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: (972) 535-1930 MAIL ADDRESS: STREET 1: 3000 TURTLE CREEK BLVD. CITY: DALLAS STATE: TX ZIP: 75219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAM Partners GP, LLC CENTRAL INDEX KEY: 0001854109 ORGANIZATION NAME: STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40257 FILM NUMBER: 24780458 BUSINESS ADDRESS: STREET 1: 3000 TURTLE CREEK BLVD. CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: (972) 535-1949 MAIL ADDRESS: STREET 1: 3000 TURTLE CREEK BLVD. CITY: DALLAS STATE: TX ZIP: 75219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Petrus Employee Profit Share, L.P. CENTRAL INDEX KEY: 0001854018 ORGANIZATION NAME: STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40257 FILM NUMBER: 24780459 BUSINESS ADDRESS: STREET 1: 3000 TURTLE CREEK BLVD. CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: (972) 535-1949 MAIL ADDRESS: STREET 1: 3000 TURTLE CREEK BLVD. CITY: DALLAS STATE: TX ZIP: 75219 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Cricut, Inc. CENTRAL INDEX KEY: 0001828962 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] ORGANIZATION NAME: 06 Technology IRS NUMBER: 870282025 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10855 SOUTH RIVER FRONT PARKWAY CITY: SOUTH JORDAN STATE: UT ZIP: 84095 BUSINESS PHONE: 877-727-4288 MAIL ADDRESS: STREET 1: 10855 SOUTH RIVER FRONT PARKWAY CITY: SOUTH JORDAN STATE: UT ZIP: 84095 FORMER COMPANY: FORMER CONFORMED NAME: Cricut Inc DATE OF NAME CHANGE: 20201019 4 1 ownership.xml X0508 4 2024-03-22 0 0001828962 Cricut, Inc. CRCT 0001473429 Petrus Trust Company, LTA 3000 TURTLE CREEK BOULEVARD DALLAS TX 75219 0 0 1 0 0001854018 Petrus Employee Profit Share, L.P. 3000 TURTLE CREEK BOULEVARD DALLAS TX 75219 0 0 1 0 0001854109 PAM Partners GP, LLC 3000 TURTLE CREEK BOULEVARD DALLAS TX 75219 0 0 1 0 0 Class A Common Stock 2024-03-22 4 C 0 683265 A 683265 I See footnotes Class A Common Stock 2024-03-22 4 J 0 683265 D 0 I See footnotes Class B Common Stock 2024-03-22 4 C 0 683265 D Class A Common Stock 683265 4049125 I See footnotes Class B Common Stock 2024-03-22 4 J 0 287113 D Class A Common Stock 287113 3762012 I See footnotes On March 22, 2024, Petrus Employee Profit Share, L.P. (PAM2) distributed, without consideration and in accordance with its partnership agreement, 970,378 shares of Class B Common Stock to its limited partners. The limited partners of PAM2 are employees of the Petrus Asset Management Company division of the Petrus Trust Company, LTA (PTC), and PAM2's shares are being distributed to the employee limited partners in five annual distributions starting in 2022. The distribution is exempt under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the Act). As a result of the distribution and pursuant to the Issuer's amended and restated certificate of incorporation, 683,265 shares of the Issuer's Class B Common Stock automatically converted into 683,265 shares of the Issuer's Class A Common Stock; the remaining 287,113 shares remained shares of the Issuer's Class B Common Stock pursuant to the Issuer's amended and restated certificate of incorporation. The shares are directly held by PAM2. PAM Partners GP, LLC (PAM Partners GP) serves as the general partner of, and may be deemed to beneficially own securities owned by, PAM2. PTC serves (a) as an investment advisor to, and may be deemed to beneficially own securities owned by, PAM2, and (b) as trustee of, and may be deemed to indirectly beneficially own securities beneficially owned by, the sole member of PAM Partners GP. Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. /s/ Jonathan Covin, General Counsel, Petrus Trust Company, LTA 2024-03-25 /s/ Jonathan Covin, General Counsel, Petrus Trust Company, LTA, trustee of the sole member of PAM Partners GP, LLC, general partner of Petrus Employee Profit Share, L.P. 2024-03-25 /s/ Jonathan Covin, General Counsel, Petrus Trust Company, LTA, trustee of the sole member of PAM Partners GP, LLC 2024-03-25