FORM 4
[ ] 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 OF SECURITIES
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SNYDER RONALD R
2. Issuer Name and Ticker or Trading Symbol

Crocs, Inc. [ CROX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CEO and President
(Last)          (First)          (Middle)

C/O CROCS, INC., 6328 MONARCH PARK PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

9/25/2007
(Street)

NIWOT, CO 80503
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Common Stock   9/25/2007     M    38937   A $0.51   739833   (1) D    
Common Stock   9/25/2007     M    38937   A $10.50   778770   D    
Common Stock   9/25/2007     S (2)    36033   D $64.60   742737   D    
Common Stock   9/25/2007     S (2)    1700   D $64.61   741037   D    
Common Stock   9/25/2007     S (2)    12912   D $64.62   728125   D    
Common Stock   9/25/2007     S (2)    6002   D $64.63   722123   D    
Common Stock   9/25/2007     S (2)    6687   D $64.64   715436   D    
Common Stock   9/25/2007     S (2)    7925   D $64.65   707511   D    
Common Stock   9/25/2007     S (2)    2800   D $64.66   704711   D    
Common Stock   9/25/2007     S (2)    1693   D $64.67   703018   D    
Common Stock   9/25/2007     S (2)    4672   D $64.68   698346   D    
Common Stock   9/25/2007     S (2)    703   D $64.69   697643   D    
Common Stock   9/25/2007     S (2)    2200   D $64.70   695443   D    
Common Stock   9/25/2007     S (2)    4868   D $64.71   690575   D    
Common Stock   9/25/2007     S (2)    2405   D $64.72   688170   D    
Common Stock   9/25/2007     S (2)    289   D $64.74   687881   D    
Common Stock   9/25/2007     S (2)    85   D $64.75   687796   D    
Common Stock   9/25/2007     S (2)    100   D $64.77   687696   D    
Common Stock   9/25/2007     S (2)    200   D $64.78   687496   D    
Common Stock   9/25/2007     S (2)    1200   D $64.81   686296   D    
Common Stock                  33160   I   By spouse   (3)
Common Stock                  23362   I   By child   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Employee Stock Option (Right to Buy)   $0.51   9/25/2007           38937      (4) 9/1/2011   Common Stock   38937   $0   233619   D    
Common Stock (Right to Buy)   $10.50   9/25/2007           38937      (5) 2/6/2016   Common Stock   38937   $0   545111   D    

Explanation of Responses:
( 1)  Since July 31, 2007, the reporting person acquired 19,472 shares of Crocs, Inc. common stock pursuant to the vesting terms of a previously reported restricted stock award.
( 2)  The shares were sold pursuant to a sales plan adopted by the reporting person on September 14, 2007 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
( 3)  The reporting person disclaims beneficial ownership of these securities except to the extent the reporting person is deemed to have a pecuniary interest in the securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
( 4)  Of the 233,619 options remaining, none are currently vested. The unvested option shares will vest in a series of 12 successive equal monthly installments upon the reporting person's completion of each additional month of continuous employment with the issuer. The option is subject to early exercise.
( 5)  Of the 545,111 options remaining, none are currently vested. The unvested option shares will vest in a series of 28 successive equal monthly installments upon the reporting person's completion of each additional month of continuous employment with the issuer. The option is subject to early exercise.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SNYDER RONALD R
C/O CROCS, INC.
6328 MONARCH PARK PLACE
NIWOT, CO 80503
X
CEO and President

Signatures
/s/ Erik Rebich, Attorney in Fact 9/27/2007
** 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 4(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.
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