Jonathan D. Yellin - Jun 28, 2021 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Jun 28, 2021
Transactions value $
-$160,113
Form type
4
Date filed
6/30/2021, 07:12 PM
Previous filing
Jun 15, 2021
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $87.1K +2.81K +20.15% $30.97 16.8K Jun 28, 2021 Direct F1
transaction CRAI Common Stock Sale -$92.9K -1.06K -6.34% $87.36 15.7K Jun 28, 2021 Direct F1, F2
transaction CRAI Common Stock Sale -$154K -1.75K -11.14% $88.21 14K Jun 28, 2021 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRAI Nonqualified Stock Option (right to buy) Options Exercise $0 -2.81K -100% $0.00* 0 Jun 28, 2021 Common Stock 2.81K $30.97 Direct F4
holding CRAI Restricted Stock Units 317 Jun 28, 2021 Common Stock 317 Direct F5, F6
holding CRAI Restricted Stock Units 495 Jun 28, 2021 Common Stock 495 Direct F5, F7
holding CRAI Restricted Stock Units 1.36K Jun 28, 2021 Common Stock 1.36K Direct F5, F8
holding CRAI Restricted Stock Units 748 Jun 28, 2021 Common Stock 748 Direct F5, F9
holding CRAI Restricted Stock Units 1.23K Jun 28, 2021 Common Stock 1.23K Direct F5, F10
holding CRAI Restricted Stock Units 2.09K Jun 28, 2021 Common Stock 2.09K Direct F5, F11
holding CRAI Restricted Stock Units 1.61K Jun 28, 2021 Common Stock 1.61K Direct F5, F12
holding CRAI Nonqualified Stock Option (right to buy) 3.91K Jun 28, 2021 Common Stock 3.91K $21.52 Direct F4
holding CRAI Nonqualified Stock Option (right to buy) 2.38K Jun 28, 2021 Common Stock 2.38K $44.87 Direct F4
holding CRAI Nonqualified Stock Option (right to buy) 2.85K Jun 28, 2021 Common Stock 2.85K $47.45 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.96 to $87.67, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.20 to $88.27, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock; vested RSUs are payable in the form of cash, shares of the Issuer's common stock or a combination thereof, except as otherwise indicated below. To the extent vested RSUs are paid in shares of the Issuer's common stock, such shares will be delivered to the reporting person as soon as possible after vesting, but in no event later than two and one-half months after the end of the year in which vesting occurs, subject to the collection of withholding taxes. Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units") when and as dividends are paid on the Issuer's common stock, and Dividend Units vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F6 The RSUs, which include an aggregate of 20.0436 Dividend Units, vest on December 18, 2021.
F7 The RSUs, which include an aggregate of 31.3305 Dividend Units, vest on December 18, 2021.
F8 The RSUs, which include an aggregate of 43.4467 Dividend Units, vest in three equal annual installments beginning on December 5, 2021.
F9 The RSUs, which include an aggregate of 37.0415 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F10 The RSUs, which include an aggregate of 60.7478 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F11 The RSUs, which include an aggregate of 14.2580 Dividend Units, vest in four equal annual installments beginning on December 15, 2021.
F12 The RSUs, which include an aggregate of 4.9583 Dividend Units, vest in four equal annual installments beginning on March 22, 2022.