Paul A. Maleh - 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
-$826,973
Form type
4
Filing time
11 Aug 2021, 18:08:49 UTC
Previous filing
15 Jun 2021
Next filing
16 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $209,822 +6,775 +4.5% $30.97 156,102 09 Aug 2021 Direct F1
transaction CRAI Common Stock Sale $176,741 -1,947 -1.2% $90.78 154,155 09 Aug 2021 Direct F1, F2
transaction CRAI Common Stock Sale $258,796 -2,824 -1.8% $91.64 151,331 09 Aug 2021 Direct F1, F3
transaction CRAI Common Stock Sale $86,125 -929 -0.61% $92.71 150,402 09 Aug 2021 Direct F1, F4
transaction CRAI Common Stock Sale $100,111 -1,075 -0.71% $93.13 149,327 09 Aug 2021 Direct F1, F5
transaction CRAI Common Stock Options Exercise $209,791 +6,774 +4.5% $30.97 156,101 10 Aug 2021 Direct F1
transaction CRAI Common Stock Sale $394,299 -4,300 -2.8% $91.70 151,801 10 Aug 2021 Direct F1, F6
transaction CRAI Common Stock Sale $141,133 -1,520 -1% $92.85 150,281 10 Aug 2021 Direct F1, F7
transaction CRAI Common Stock Sale $61,166 -654 -0.44% $93.53 149,627 10 Aug 2021 Direct F1, F8
transaction CRAI Common Stock Sale $28,214 -300 -0.2% $94.05 149,327 10 Aug 2021 Direct F1, F9

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 -6,775 -45% $0.000000 8,225 09 Aug 2021 Common Stock 6,775 $30.97 Direct F10
transaction CRAI Nonqualified Stock Option (right to buy) Options Exercise $0 -6,774 -82% $0.000000 1,451 10 Aug 2021 Common Stock 6,774 $30.97 Direct F10
holding CRAI Nonqualified Stock Option (right to buy) 26,086 09 Aug 2021 Common Stock 26,086 $21.52 Direct F10
holding CRAI Restricted Stock Units 2,176 09 Aug 2021 Common Stock 2,176 Direct F11, F12
holding CRAI Restricted Stock Units 3,394 09 Aug 2021 Common Stock 3,394 Direct F11, F13
holding CRAI Restricted Stock Units 8,607 09 Aug 2021 Common Stock 8,607 Direct F11, F14
holding CRAI Restricted Stock Units 3,991 09 Aug 2021 Common Stock 3,991 Direct F11, F15
holding CRAI Restricted Stock Units 6,545 09 Aug 2021 Common Stock 6,545 Direct F11, F16
holding CRAI Restricted Stock Units 11,403 09 Aug 2021 Common Stock 11,403 Direct F11, F17
holding CRAI Restricted Stock Units 8,759 09 Aug 2021 Common Stock 8,759 Direct F11, F18
holding CRAI Nonqualified Stock Option (right to buy) 20,000 09 Aug 2021 Common Stock 20,000 $30.96 Direct F10
holding CRAI Nonqualified Stock Option (right to buy) 16,304 09 Aug 2021 Common Stock 16,304 $44.87 Direct F10
holding CRAI Nonqualified Stock Option (right to buy) 15,173 09 Aug 2021 Common Stock 15,173 $47.45 Direct F10
* 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. The shares were sold in multiple transactions at prices ranging from $90.215 to $91.1806, 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 reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $91.181 to $92.15, 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 reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $92.225 to $92.93, 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 reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.01 to $93.58, 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 reported in Column 4 is a weighted average price. The 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 reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $92.34 to $93.27, 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 reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.30 to $93.7714, 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 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.805 to $94.335, 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.
F10 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
F11 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.
F12 The RSUs, which include an aggregate of 137.5374 Dividend Units, vest on December 18, 2021.
F13 The RSUs, which include an aggregate of 214.5761 Dividend Units, vest on December 18, 2021.
F14 The RSUs, which include an aggregate of 275.0746 Dividend Units, vest in three equal annual installments beginning on December 5, 2021.
F15 The RSUs, which include an aggregate of 197.6067 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F16 The RSUs, which include an aggregate of 324.1149 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F17 The RSUs, which include an aggregate of 77.7816 Dividend Units, vest in four equal annual installments beginning on December 15, 2021.
F18 The RSUs, which include an aggregate of 27.0436 Dividend Units, vest in four equal annual installments beginning on March 22, 2022.