Paul A. Maleh - Mar 3, 2023 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Mar 3, 2023
Transactions value $
-$786,398
Form type
4
Date filed
3/7/2023, 04:06 PM
Previous filing
Dec 19, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Award $0 +10.2K +5.98% $0.00 181K Mar 3, 2023 Direct F1
transaction CRAI Common Stock Tax liability -$350K -3.17K -1.75% $110.48 178K Mar 3, 2023 Direct
transaction CRAI Common Stock Award $0 +278 +0.16% $0.00 178K Mar 3, 2023 Direct F1
transaction CRAI Common Stock Disposed to Issuer -$30.7K -278 -0.16% $110.48 178K Mar 3, 2023 Direct
transaction CRAI Common Stock Award $0 +7.86K +4.43% $0.00 185K Mar 3, 2023 Direct F2
transaction CRAI Common Stock Tax liability -$385K -3.49K -1.88% $110.48 182K Mar 3, 2023 Direct
transaction CRAI Common Stock Award $0 +184 +0.1% $0.00 182K Mar 3, 2023 Direct F2
transaction CRAI Common Stock Disposed to Issuer -$20.3K -184 -0.1% $110.48 182K Mar 3, 2023 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 +10.5K $0.00 10.5K Mar 3, 2023 Common Stock 10.5K Direct F3, F4, F5
transaction CRAI Restricted Stock Units Award $0 +8.04K $0.00 8.04K Mar 3, 2023 Common Stock 8.04K Direct F3, F6, F7
holding CRAI Restricted Stock Units 2.93K Mar 3, 2023 Common Stock 2.93K Direct F3, F8
holding CRAI Restricted Stock Units 5.49K Mar 3, 2023 Common Stock 5.49K Direct F3, F9
holding CRAI Restricted Stock Units 5.82K Mar 3, 2023 Common Stock 5.82K Direct F3, F10
holding CRAI Restricted Stock Units 7.57K Mar 3, 2023 Common Stock 7.57K Direct F3, F11
holding CRAI Restricted Stock Units 6.7K Mar 3, 2023 Common Stock 6.7K Direct F3, F12
holding CRAI Nonqualified Stock Option (right to buy) 20K Mar 3, 2023 Common Stock 20K $30.96 Direct F13
holding CRAI Nonqualified Stock Option (right to buy) 16.3K Mar 3, 2023 Common Stock 16.3K $44.87 Direct F13
holding CRAI Nonqualified Stock Option (right to buy) 15.2K Mar 3, 2023 Common Stock 15.2K $47.45 Direct F13
* 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 15, 2020.
F2 Shares issued in settlement of the vesting of performance restricted stock units ("PRSUs") granted on March 22, 2021.
F3 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.
F4 Unvested RSUs resulting from the determination of the outcome of performance conditions of PRSUs granted on December 15, 2020.
F5 The RSUs, which include an aggregate of 277.9468 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F6 Unvested RSUs resulting from the determination of the outcome of performance conditions of PRSUs granted on March 22, 2021.
F7 The RSUs, which include an aggregate of 184.0924 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F8 The RSUs, which include an aggregate of 149.8587 Dividend Units, vest on December 5, 2023.
F9 The RSUs, which include an aggregate of 280.9248 Dividend Units, vest on December 5, 2023.
F10 The RSUs, which include an aggregate of 154.4240 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F11 The RSUs, which include an aggregate of 77.5832 Dividend Units, vest in four equal annual installments beginning on March 10, 2023.
F12 The RSUs, which include an aggregate of 153.3876 Dividend Units, vest in three equal annual installments beginning on March 22, 2023.
F13 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.