Daniel K. Mahoney - Apr 3, 2022 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Apr 3, 2022
Transactions value $
-$87,385
Form type
4
Date filed
4/5/2022, 04:55 PM
Previous filing
Mar 29, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +3.24K +115.66% $0.00 6.05K Apr 3, 2022 Direct
transaction CRAI Common Stock Disposed to Issuer -$9.04K -106 -1.76% $85.07 5.94K Apr 3, 2022 Direct
transaction CRAI Common Stock Tax liability -$78.3K -921 -15.5% $85.07 5.02K Apr 3, 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 Options Exercise $0 -3.24K -33.33% $0.00 6.49K Apr 3, 2022 Common Stock 3.24K Direct F1, F2
holding CRAI Common Stock 1.11K Apr 3, 2022 Common Stock 1.11K Direct F1, F3
holding CRAI Restricted Stock Units 1.44K Apr 3, 2022 Common Stock 1.44K Direct F1, F4
holding CRAI Restricted Stock Units 1.76K Apr 3, 2022 Common Stock 1.76K Direct F1, F5
* 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 RSUs, which include an aggregate of 212.4182 Dividend Units, vest in two equal annual installments beginning on April 3, 2023.
F3 The RSUs, which include an aggregate of 14.1246 Dividend Units, vest in three equal annual installments beginning on March 22, 2023.
F4 The RSUs, which include an aggregate of 23.7078 Dividend Units, vest in three equal annual installments beginning on December 15, 2022.
F5 The RSUs vest in four equal annual installments beginning on March 10, 2023.