Paul A. Maleh - Aug 12, 2021 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Aug 12, 2021
Transactions value $
-$1,925,941
Form type
4
Date filed
8/16/2021, 04:32 PM
Previous filing
Aug 11, 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 $44.9K +1.45K +0.97% $30.97 151K Aug 12, 2021 Direct F1
transaction CRAI Common Stock Options Exercise $265K +12.3K +8.17% $21.52* 163K Aug 12, 2021 Direct F1
transaction CRAI Common Stock Sale -$720K -7.76K -4.75% $92.79 155K Aug 12, 2021 Direct F1, F2
transaction CRAI Common Stock Sale -$377K -4.03K -2.59% $93.59 151K Aug 12, 2021 Direct F1, F3
transaction CRAI Common Stock Sale -$187K -1.99K -1.31% $94.28 149K Aug 12, 2021 Direct F1, F4
transaction CRAI Common Stock Options Exercise $296K +13.8K +9.22% $21.52* 163K Aug 13, 2021 Direct F1
transaction CRAI Common Stock Sale -$314K -3.49K -2.14% $89.97 160K Aug 13, 2021 Direct F1, F5
transaction CRAI Common Stock Sale -$651K -7.19K -4.5% $90.62 152K Aug 13, 2021 Direct F1, F6
transaction CRAI Common Stock Sale -$218K -2.39K -1.57% $91.31 150K Aug 13, 2021 Direct F1, F7
transaction CRAI Common Stock Sale -$64.8K -700 -0.47% $92.56 149K Aug 13, 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 -1.45K -100% $0.00* 0 Aug 12, 2021 Common Stock 1.45K $30.97 Direct F9
transaction CRAI Nonqualified Stock Option (right to buy) Options Exercise $0 -12.3K -47.22% $0.00 13.8K Aug 12, 2021 Common Stock 26.1K $21.52 Direct F9
transaction CRAI Nonqualified Stock Option (right to buy) Options Exercise $0 -13.8K -100% $0.00* 0 Aug 13, 2021 Common Stock 13.8K $21.52 Direct F9
holding CRAI Restricted Stock Units 2.18K Aug 12, 2021 Common Stock 2.18K Direct F10, F11
holding CRAI Restricted Stock Units 3.39K Aug 12, 2021 Common Stock 3.39K Direct F10, F12
holding CRAI Restricted Stock Units 8.61K Aug 12, 2021 Common Stock 8.61K Direct F10, F13
holding CRAI Restricted Stock Units 3.99K Aug 12, 2021 Common Stock 3.99K Direct F10, F14
holding CRAI Restricted Stock Units 6.55K Aug 12, 2021 Common Stock 6.55K Direct F10, F15
holding CRAI Restricted Stock Units 11.4K Aug 12, 2021 Common Stock 11.4K Direct F10, F16
holding CRAI Restricted Stock Units 8.76K Aug 12, 2021 Common Stock 8.76K Direct F10, F17
holding CRAI Nonqualified Stock Option (right to buy) 20K Aug 12, 2021 Common Stock 20K $30.96 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 16.3K Aug 12, 2021 Common Stock 16.3K $44.87 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 15.2K Aug 12, 2021 Common Stock 15.2K $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 reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $92.31 to $93.21, 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 $93.25 to $94.15, 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 $94.16 to $94.485, 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 $89.61 to $90.31, 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 $90.355 to $91.06, 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 $91.09 to $92.035, 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 $92.10 to $92.87, 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.
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 137.5374 Dividend Units, vest on December 18, 2021.
F12 The RSUs, which include an aggregate of 214.5761 Dividend Units, vest on December 18, 2021.
F13 The RSUs, which include an aggregate of 275.0746 Dividend Units, vest in three equal annual installments beginning on December 5, 2021.
F14 The RSUs, which include an aggregate of 197.6067 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F15 The RSUs, which include an aggregate of 324.1149 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F16 The RSUs, which include an aggregate of 77.7816 Dividend Units, vest in four equal annual installments beginning on December 15, 2021.
F17 The RSUs, which include an aggregate of 27.0436 Dividend Units, vest in four equal annual installments beginning on March 22, 2022.