Chad M. Holmes - 09 Aug 2021 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Issuer symbol
CRAI
Transactions as of
09 Aug 2021
Net transactions value
-$895,237
Form type
4
Filing time
11 Aug 2021, 18:08:01 UTC
Previous filing
15 Jun 2021
Next filing
14 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $174,206 +5,625 +20% $30.97 33,225 09 Aug 2021 Direct F1
transaction CRAI Common Stock Options Exercise $23,672 +1,100 +3.3% $21.52* 34,325 09 Aug 2021 Direct F1
transaction CRAI Common Stock Sale $108,189 -1,195 -3.5% $90.53 33,130 09 Aug 2021 Direct F1, F2
transaction CRAI Common Stock Sale $255,206 -2,793 -8.4% $91.37 30,337 09 Aug 2021 Direct F1, F3
transaction CRAI Common Stock Sale $130,484 -1,412 -4.7% $92.41 28,925 09 Aug 2021 Direct F1, F4
transaction CRAI Common Stock Sale $123,457 -1,325 -4.6% $93.17 27,600 09 Aug 2021 Direct F1, F5
transaction CRAI Common Stock Options Exercise $144,744 +6,726 +24% $21.52* 34,326 10 Aug 2021 Direct F1
transaction CRAI Common Stock Sale $385,243 -4,200 -12% $91.72 30,126 10 Aug 2021 Direct F1, F6
transaction CRAI Common Stock Sale $119,605 -1,289 -4.3% $92.79 28,837 10 Aug 2021 Direct F1, F7
transaction CRAI Common Stock Sale $115,674 -1,237 -4.3% $93.51 27,600 10 Aug 2021 Direct F1, F8

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 -5,625 -100% $0.000000* 0 09 Aug 2021 Common Stock 5,625 $30.97 Direct F9
transaction CRAI Nonqualified Stock Option (right to buy) Options Exercise $0 -1,100 -14% $0.000000 6,726 09 Aug 2021 Common Stock 1,100 $21.52 Direct F9
transaction CRAI Nonqualified Stock Option (right to buy) Options Exercise $0 -6,726 -100% $0.000000* 0 10 Aug 2021 Common Stock 6,726 $21.52 Direct F9
holding CRAI Restricted Stock Units 544 09 Aug 2021 Common Stock 544 Direct F10, F11
holding CRAI Restricted Stock Units 849 09 Aug 2021 Common Stock 849 Direct F10, F12
holding CRAI Restricted Stock Units 2,115 09 Aug 2021 Common Stock 2,115 Direct F10, F13
holding CRAI Restricted Stock Units 1,164 09 Aug 2021 Common Stock 1,164 Direct F10, F14
holding CRAI Restricted Stock Units 1,909 09 Aug 2021 Common Stock 1,909 Direct F10, F15
holding CRAI Restricted Stock Units 2,661 09 Aug 2021 Common Stock 2,661 Direct F10, F16
holding CRAI Restricted Stock Units 2,044 09 Aug 2021 Common Stock 2,044 Direct F10, F17
holding CRAI Nonqualified Stock Option (right to buy) 6,000 09 Aug 2021 Common Stock 6,000 $30.96 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 4,076 09 Aug 2021 Common Stock 4,076 $44.87 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 4,425 09 Aug 2021 Common Stock 4,425 $47.45 Direct F9
* 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.90 to $90.87, inclusive. The reporting person undertakes to provide to 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.88 to $91.82, inclusive. The reporting person undertakes to provide to 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 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.905 to $92.86, inclusive. The reporting person undertakes to provide to 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.
F5 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.905 to $93.47, inclusive. The reporting person undertakes to provide to 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.
F6 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.345 to $92.245, inclusive. The reporting person undertakes to provide to 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.
F7 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.315 to $93.22, inclusive. The reporting person undertakes to provide to 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.
F8 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.245 to $93.83, inclusive. The reporting person undertakes to provide to 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.
F9 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
F10 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.
F11 The RSUs, which include an aggregate of 34.4180 Dividend Units, vest on December 18, 2021.
F12 The RSUs, which include an aggregate of 53.6724 Dividend Units, vest on December 18, 2021.
F13 The RSUs, which include an aggregate of 67.5800 Dividend Units, vest in three equal annual installments beginning on December 5, 2021.
F14 The RSUs, which include an aggregate of 57.6200 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F15 The RSUs, which include an aggregate of 94.5162 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F16 The RSUs, which include an aggregate of 18.1527 Dividend Units, vest in four equal annual installments beginning on December 15, 2021.
F17 The RSUs, which include an aggregate of 6.3118 Dividend Units, vest in four equal annual installments beginning on March 22, 2022.