Paul A. Maleh - 24 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
24 Mar 2023
Net transactions value
-$804
Form type
4
Filing time
28 Mar 2023, 18:09:42 UTC
Previous filing
24 Mar 2023
Next filing
13 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +7 +0% $0.000000 179,165 24 Mar 2023 Direct
transaction CRAI Common Stock Disposed to Issuer $804 -7 -0% $107.89 179,158 24 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 Award $0 +10 +0.33% $0.000000 2,938 24 Mar 2023 Common Stock 10 Direct F1, F2, F3
transaction CRAI Restricted Stock Units Award $0 +18 +0.33% $0.000000 5,507 24 Mar 2023 Common Stock 18 Direct F1, F2, F4
transaction CRAI Restricted Stock Units Award $0 +19 +0.33% $0.000000 5,837 24 Mar 2023 Common Stock 19 Direct F1, F2, F5
transaction CRAI Restricted Stock Units Award $0 +19 +0.33% $0.000000 5,698 24 Mar 2023 Common Stock 19 Direct F1, F2, F6
transaction CRAI Restricted Stock Units Award $0 +22 +0.5% $0.000000 4,491 24 Mar 2023 Common Stock 22 Direct F1, F2, F7
transaction CRAI Restricted Stock Units Options Exercise $0 -7 -0.17% $0.000000 4,483 24 Mar 2023 Common Stock 7 Direct F1, F7
transaction CRAI Restricted Stock Units Award $0 +35 +0.33% $0.000000 10,506 24 Mar 2023 Common Stock 35 Direct F1, F2, F8
transaction CRAI Restricted Stock Units Award $0 +27 +0.33% $0.000000 8,071 24 Mar 2023 Common Stock 27 Direct F1, F2, F9
holding CRAI Nonqualified Stock Option (right to buy) 20,000 24 Mar 2023 Common Stock 20,000 $30.96 Direct F10
holding CRAI Nonqualified Stock Option (right to buy) 16,304 24 Mar 2023 Common Stock 16,304 $44.87 Direct F10
holding CRAI Nonqualified Stock Option (right to buy) 15,173 24 Mar 2023 Common Stock 15,173 $47.45 Direct F10
* 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 Amount reported represents Dividend Units acquired on the RSUs at $107.89 on March 24, 2023. These Dividend Units are payable only in cash.
F3 The RSUs, which include an aggregate of 159.6282 Dividend Units, vest on December 5, 2023.
F4 The RSUs, which include an aggregate of 299.2399 Dividend Units, vest on December 5, 2023.
F5 The RSUs, which include an aggregate of 173.8352 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F6 The RSUs, which include an aggregate of 77.1423 Dividend Units, vest in three equal annual installments beginning on March 10, 2024.
F7 The remaining RSUs, which include an aggregate of 117.1678 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F8 The RSUs, which include an aggregate of 312.8855 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F9 The RSUs, which include an aggregate of 210.9334 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F10 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.