Chad M. Holmes - 22 Mar 2023 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Issuer symbol
CRAI
Transactions as of
22 Mar 2023
Net transactions value
-$26,669
Form type
4
Filing time
24 Mar 2023, 17:00:10 UTC
Previous filing
14 Mar 2023
Next filing
28 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +522 +1.4% $0.000000 37,397 22 Mar 2023 Direct
transaction CRAI Common Stock Disposed to Issuer $1,285 -12 -0.03% $107.56 37,385 22 Mar 2023 Direct
transaction CRAI Common Stock Tax liability $25,384 -236 -0.63% $107.56 37,149 22 Mar 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 Options Exercise $0 -522 -33% $0.000000 1,043 22 Mar 2023 Common Stock 522 Direct F1, F2
holding CRAI Restricted Stock Units 720 22 Mar 2023 Common Stock 720 Direct F1, F3
holding CRAI Restricted Stock Units 1,348 22 Mar 2023 Common Stock 1,348 Direct F1, F4
holding CRAI Restricted Stock Units 1,358 22 Mar 2023 Common Stock 1,358 Direct F1, F5
holding CRAI Restricted Stock Units 1,331 22 Mar 2023 Common Stock 1,331 Direct F1, F6
holding CRAI Restricted Stock Units 2,444 22 Mar 2023 Common Stock 2,444 Direct F1, F7
holding CRAI Restricted Stock Units 1,877 22 Mar 2023 Common Stock 1,877 Direct F1, F8
holding CRAI Nonqualified Stock Option (right to buy) 6,000 22 Mar 2023 Common Stock 6,000 $30.96 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 4,076 22 Mar 2023 Common Stock 4,076 $44.87 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 4,425 22 Mar 2023 Common Stock 4,425 $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 23.8665 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F3 The RSUs, which include an aggregate of 36.8442 Dividend Units, vest on December 5, 2023.
F4 The RSUs, which include an aggregate of 69.0355 Dividend Units, vest on December 5, 2023.
F5 The RSUs, which include an aggregate of 36.0498 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F6 The RSUs, which include an aggregate of 13.6344 Dividend Units, vest in three equal annual installments beginning on March 10, 2024.
F7 The RSUs, which include an aggregate of 64.8566 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F8 The RSUs, which include an aggregate of 42.9458 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F9 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.