Ownership Submission
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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
SMACH THOMAS J
   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
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O CROCS, INC., 6328 MONARCH PARK PLACE		 3. Date of Earliest Transaction (Month/Day/Year)
10/15/2007
(Street)

NIWOT, CO 80503		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Common Stock 10/15/2007   M   2 A $ 1.69 2 D  
Common Stock 10/15/2007   M   4,602 A $ 5.37 4,604 D  
Common Stock 10/15/2007   M   4,203 A $ 14.47 8,807 D  
Common Stock 10/15/2007   S(1)   8,807 D $ 69 0 D  
Common Stock               4,400 I As UGMA Custodian for children (2)
Common Stock               600 I As UGMA Custodian for nephew (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)		 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
Employee Stock Option (Right to Buy) $ 1.69 (3) 10/15/2007   M     2   (4) 04/27/2012 Common Stock 2 $ 0 116,810 (3) D  
Employee Stock Option (Right to Buy) $ 5.37 10/15/2007   M     4,602   (5) 04/30/2012 Common Stock 4,602 $ 0 29,204 D  
Employee Stock Option (Right to Buy) $ 14.47 (6) 10/15/2007   M     4,203   (7) 05/12/2013 Common Stock 4,203 $ 0 112,609 (6) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMACH THOMAS J
C/O CROCS, INC.
6328 MONARCH PARK PLACE
NIWOT, CO 80503		   X      

Signatures

 /s/ Erik Rebich, Attorney in Fact   10/17/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The shares were sold pursuant to a sales plan adopted by the reporting person on August 22, 2007 and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
(2) 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.
(3) This option was previously reported as covering 58,406 shares at an exercise price of $3.38 per share, but was adjusted to reflect the 2-for-1 stock split that occurred on June 15, 2007.
(4) Of the 116,810 options remaining, none are currently vested. The unvested options will vest in two equal installments on May 1, 2008 and May 1, 2009. The option is subject to early exercise.
(5) Of the 29,204 options remaining, none are currently vested. The unvested options will vest in two equal installments on May 1, 2008 and May 1, 2009. The option is subject to early exercise.
(6) This option was previously reported as covering 58,406 shares at an exercise price of $28.94 per share, but was adjusted to reflect the 2-for-1 stock split that occurred on June 15, 2007.
(7) Of the 112,609 options remaining, 25,000 are currently vested. The 87,609 unvested options will vest in three equal installments on May 12, 2008, May 12, 2009 and May 12, 2010. The option is subject to early exercise.

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