Paul A. Maleh - Dec 15, 2022 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Role
PRESIDENT AND CEO, Director
Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Dec 15, 2022
Transactions value $
-$150,945
Form type
4
Date filed
12/19/2022, 06:35 PM
Previous filing
Dec 13, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +2.91K +1.72% $0.00 172K Dec 15, 2022 Direct
transaction CRAI Common Stock Disposed to Issuer -$8.74K -77.2 -0.04% $113.22 172K Dec 15, 2022 Direct
transaction CRAI Common Stock Tax liability -$142K -1.26K -0.73% $113.22 171K Dec 15, 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 -2.91K -33.33% $0.00 5.82K Dec 15, 2022 Common Stock 2.91K Direct F1, F2
holding CRAI Restricted Stock Units 2.93K Dec 15, 2022 Common Stock 2.93K Direct F1, F3
holding CRAI Restricted Stock Units 5.49K Dec 15, 2022 Common Stock 5.49K Direct F1, F4
holding CRAI Restricted Stock Units 7.57K Dec 15, 2022 Common Stock 7.57K Direct F1, F5
holding CRAI Restricted Stock Units 6.7K Dec 15, 2022 Common Stock 6.7K Direct F1, F6
holding CRAI Nonqualified Stock Option (right to buy) 20K Dec 15, 2022 Common Stock 20K $30.96 Direct F7
holding CRAI Nonqualified Stock Option (right to buy) 16.3K Dec 15, 2022 Common Stock 16.3K $44.87 Direct F7
holding CRAI Nonqualified Stock Option (right to buy) 15.2K Dec 15, 2022 Common Stock 15.2K $47.45 Direct F7
* 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 154.4240 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F3 The RSUs, which include an aggregate of 149.8587 Dividend Units, vest on December 5, 2023.
F4 The RSUs, which include an aggregate of 280.9248 Dividend Units, vest on December 5, 2023.
F5 The RSUs, which include an aggregate of 77.5832 Dividend Units, vest in four equal annual installments beginning on March 10, 2023.
F6 The RSUs, which include an aggregate of 153.3876 Dividend Units, vest in three equal annual installments beginning on March 22, 2023.
F7 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.