Sec Form 3/A Filing - Petrus Trust Company, LTA @ Cricut, Inc. - 2021-03-24

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FORM 3/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Petrus Trust Company, LTA
2. Issuer Name and Ticker or Trading Symbol
Cricut, Inc. [ CRCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
3000 TURTLE CREEK BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
03/24/2021
(Street)
DALLAS, TX75219
4. If Amendment, Date Original Filed (MM/DD/YY)
03/25/2021
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 120,882,351 I See footnotes ( 2 ) ( 4 ) ( 5 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 7,604,473 I See footnotes ( 3 ) ( 4 ) ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Petrus Trust Company, LTA
3000 TURTLE CREEK BOULEVARD
DALLAS, TX75219
X
Petrus Capital Management, LLC
3000 TURTLE CREEK BOULEVARD
DALLAS, TX75219
X
HWGAA, L.P.
3000 TURTLE CREEK BOULEVARD
DALLAS, TX75219
X
Petrus Employee Profit Share, L.P.
3000 TURTLE CREEK BOULEVARD
DALLAS, TX75219
X
PAM Partners GP, LLC
3000 TURTLE CREEK BOULEVARD
DALLAS, TX75219
X
Signatures
/s/ Jonathan Covin, General Counsel, Petrus Trust Company, LTA 03/30/2021
Signature of Reporting Person Date
/s/ Jonathan Covin, General Counsel, Petrus Capital Management, LLC 03/30/2021
Signature of Reporting Person Date
/s/ Jonathan Covin, General Counsel, Petrus Capital Management, LLC, the general partner of HWGAA, L.P. 03/30/2021
Signature of Reporting Person Date
/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. 03/30/2021
Signature of Reporting Person Date
/s/ Jonathan Covin, General Counsel, Petrus Trust Company, LTA, trustee of the sole member of PAM Partners GP, LLC 03/30/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )The shares are directly held by HWGAA. PCM serves as the general partner of, and may be deemed to indirectly beneficially own securities owned by, HWGAA. PTC (a) serves as an investment advisor to, and may be deemed to indirectly beneficially own securities owned by, HWGAA, and (b) is the sole owner of, and may be deemed to be indirectly beneficially own securities beneficially owned by, PCM.
( 3 )The shares are directly held by PAM2. 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.
( 4 )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 Securities Exchange Act of 1934, as amended (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.
( 5 )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.

Remarks:
On March 25, 2021, HWGAA, L.P. (HWGAA), Petrus Capital Management, LLC (PCM) and Petrus Trust Company, LTA (PTC) filed a Form 3 (the Original Form 3) with respect to shares of Class B Common Stock held by each of (a) HWGAA and (b) Petrus Employee Profit Share, L.P. (PAM2), of which PAM Partners GP, LLC (PAM Partners GP) is the general partner. The purpose of this amendment is solely to ensure that the Central Index Keys for PAM 2 and PAM Partners GP are included with respect to the Original Form 3 filing. No substantial amendments are being made to the contents of the Original Form 3.

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