Daniel K. Mahoney - Apr 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
Apr 3, 2023
Transactions value $
-$152,025
Form type
4
Date filed
4/5/2023, 05:21 PM
Previous filing
Mar 28, 2023
Next filing
Apr 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Award $0 +3.29K +41.07% $0.00 11.3K Apr 3, 2023 Direct
transaction CRAI Common Stock Disposed to Issuer -$16.5K -151 -1.33% $109.55 11.1K Apr 3, 2023 Direct
transaction CRAI Common Stock Tax liability -$136K -1.24K -11.1% $109.55 9.91K Apr 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 Options Exercise $0 -3.29K -50% $0.00 3.29K Apr 3, 2023 Common Stock 3.29K Direct F1, F2
holding CRAI Restricted Stock Units 748 Apr 3, 2023 Common Stock 748 Direct F1, F3
holding CRAI Restricted Stock Units 1.34K Apr 3, 2023 Common Stock 1.34K Direct F1, F4
holding CRAI Restricted Stock Units 973 Apr 3, 2023 Common Stock 973 Direct F1, F5
holding CRAI Restricted Stock Units 1.75K Apr 3, 2023 Common Stock 1.75K Direct F1, F6
holding CRAI Restricted Stock Units 1.34K Apr 3, 2023 Common Stock 1.34K Direct F1, 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 150.7189 Dividend Units, vest on April 3, 2024.
F3 The RSUs, which include an aggregate of 19.5366 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F4 The RSUs, which include an aggregate of 18.0744 Dividend Units, vest in three equal annual installments beginning on March 10, 2024.
F5 The RSUs, which include an aggregate of 28.9776 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F6 The RSUs, which include an aggregate of 52.1593 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F7 The RSUs, which include an aggregate of 35.1617 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.