Paul A. Maleh - Mar 4, 2022 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Mar 4, 2022
Transactions value $
-$310,813
Form type
4
Date filed
3/8/2022, 04:06 PM
Previous filing
Dec 21, 2021
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Award $0 +10.4K +6.59% $0.00 169K Mar 4, 2022 Direct F1
transaction CRAI Common Stock Tax liability -$274K -3.06K -1.82% $89.57 165K Mar 4, 2022 Direct
transaction CRAI Common Stock Award $0 +410 +0.25% $0.00 166K Mar 4, 2022 Direct F1
transaction CRAI Common Stock Disposed to Issuer -$36.7K -410 -0.25% $89.57 165K Mar 4, 2022 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 Award $0 +10.8K $0.00 10.8K Mar 4, 2022 Common Stock 10.8K Direct F2, F3, F4
holding CRAI Restricted Stock Units 8.81K Mar 4, 2022 Common Stock 8.81K Direct F2, F5
holding CRAI Restricted Stock Units 5.77K Mar 4, 2022 Common Stock 5.77K Direct F2, F6
holding CRAI Restricted Stock Units 2.01K Mar 4, 2022 Common Stock 2.01K Direct F2, F7
holding CRAI Restricted Stock Units 3.29K Mar 4, 2022 Common Stock 3.29K Direct F2, F8
holding CRAI Restricted Stock Units 8.61K Mar 4, 2022 Common Stock 8.61K Direct F2, F9
holding CRAI Nonqualified Stock Option (right to buy) 20K Mar 4, 2022 Common Stock 20K $30.96 Direct F10
holding CRAI Nonqualified Stock Option (right to buy) 16.3K Mar 4, 2022 Common Stock 16.3K $44.87 Direct F10
holding CRAI Nonqualified Stock Option (right to buy) 15.2K Mar 4, 2022 Common Stock 15.2K $47.45 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued in settlement of the vesting of performance restricted stock units ("PRSUs") granted on December 5, 2019.
F2 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.
F3 Unvested RSUs resulting from the determination of the outcome of performance conditions of PRSUs granted on December 5, 2019.
F4 The RSUs, which include an aggregate of 410.1112 Dividend Units, vest in two equal annual installments beginning on December 5, 2022.
F5 The RSUs, which include an aggregate of 80.9936 Dividend Units, vest in four equal annual installments beginning on March 22, 2022.
F6 The RSUs, which include an aggregate of 218.7388 Dividend Units, vest in two equal annual installments beginning on December 5, 2022.
F7 The RSUs, which include an aggregate of 111.1224 Dividend Units, vest on December 6, 2022.
F8 The RSUs, which include an aggregate of 182.2208 Dividend Units, vest on December 6, 2022.
F9 The RSUs, which include an aggregate of 111.0148 Dividend Units, vest in three equal annual installments beginning on December 15, 2022.
F10 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.