Paul A. Maleh - 05 Dec 2021 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Issuer symbol
CRAI
Transactions as of
05 Dec 2021
Net transactions value
-$124,505
Form type
4
Filing time
07 Dec 2021, 18:03:28 UTC
Previous filing
14 Sep 2021
Next filing
09 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +2,877 +1.9% $0.000000 152,204 05 Dec 2021 Direct
transaction CRAI Common Stock Disposed to Issuer $9,338 -100 -0.07% $93.48 152,104 05 Dec 2021 Direct
transaction CRAI Common Stock Tax liability $115,167 -1,232 -0.81% $93.48 150,872 05 Dec 2021 Direct

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 Restricted Stock Units Options Exercise $0 -2,877 -33% $0.000000 5,755 05 Dec 2021 Common Stock 2,877 Direct F1, F2
holding CRAI Restricted Stock Units 2,182 05 Dec 2021 Common Stock 2,182 Direct F1, F3
holding CRAI Restricted Stock Units 3,403 05 Dec 2021 Common Stock 3,403 Direct F1, F4
holding CRAI Restricted Stock Units 4,002 05 Dec 2021 Common Stock 4,002 Direct F1, F5
holding CRAI Restricted Stock Units 6,564 05 Dec 2021 Common Stock 6,564 Direct F1, F6
holding CRAI Restricted Stock Units 11,435 05 Dec 2021 Common Stock 11,435 Direct F1, F7
holding CRAI Restricted Stock Units 8,784 05 Dec 2021 Common Stock 8,784 Direct F1, F8
holding CRAI Nonqualified Stock Option (right to buy) 20,000 05 Dec 2021 Common Stock 20,000 $30.96 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 16,304 05 Dec 2021 Common Stock 16,304 $44.87 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 15,173 05 Dec 2021 Common Stock 15,173 $47.45 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The remaining RSUs, which include an aggregate of 199.8166, vest in two equal annual installments beginning on December 5, 2022.
F3 The RSUs, which include an aggregate of 143.7635 Dividend Units, vest on December 18, 2021.
F4 The RSUs, which include an aggregate of 244.2880 Dividend Units, vest on December 18, 2021.
F5 The RSUs, which include an aggregate of 209.0273 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F6 The RSUs, which include an aggregate of 342.8461 Dividend Units, vest in two equal annual installments beginning on December 6, 2021.
F7 The RSUs, which include an aggregate of 110.4149 Dividend Units, vest in four equal annual installments beginning on December 15, 2021.
F8 The RSUs, which include an aggregate of 52.1108 Dividend Units, vest in four equal annual installments beginning on March 22, 2022.
F9 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.