George Kurtz - Jun 21, 2023 Form 4 Insider Report for CrowdStrike Holdings, Inc. (CRWD)

Signature
/s/ Remie Solano, Attorney-in-Fact
Stock symbol
CRWD
Transactions as of
Jun 21, 2023
Transactions value $
-$8,578,480
Form type
4
Date filed
6/23/2023, 05:30 PM
Previous filing
Apr 21, 2023
Next filing
Jul 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRWD Class A common stock Conversion of derivative security +38.8K +3.4% 1.18M Jun 21, 2023 Direct F1, F2
transaction CRWD Class A common stock Sale -$7.07M -49.1K -4.16% $144.13 1.13M Jun 21, 2023 Direct F2, F3
transaction CRWD Class A common stock Sale -$1.51M -10.4K -0.92% $144.88 1.12M Jun 21, 2023 Direct F2, F4

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 CRWD Restricted Stock Units Options Exercise $0 -88K -16.67% $0.00 440K Jun 21, 2023 Class B common stock 88K $0.00 Direct F5, F6
transaction CRWD Class B common stock Options Exercise $0 +88K +7.79% $0.00 1.22M Jun 21, 2023 Class A common stock 88K $0.00 Direct F7
transaction CRWD Class B common stock Conversion of derivative security $0 -38.8K -3.19% $0.00 1.18M Jun 21, 2023 Class A common stock 38.8K $0.00 Direct F7
holding CRWD Class B common stock 1.52M Jun 21, 2023 Class A common stock 1.52M $0.00 Allegra Kurtz Irrevocable Gift Trust F7, F8
holding CRWD Class B common stock 1.52M Jun 21, 2023 Class A common stock 1.52M $0.00 Alexander Kurtz Irrevocable Gift Trust F7, F8
holding CRWD Class B common stock 100K Jun 21, 2023 Class A common stock 100K $0.00 Kurtz Family Dynasty Trust F7, F8
holding CRWD Class B common stock 2.49M Jun 21, 2023 Class A common stock 2.49M $0.00 Kurtz 2009 Spendthrift Trust F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B common stock was converted to Class A common stock on a one-for-one bases.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units ("RSUs") and performance stock units.
F3 This transaction was executed in multiple trades at prices ranging from $143.74 to $144.73. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $144.74 to $145.08. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 RSUs convert into Class B common stock on a one-for-one basis.
F6 Represents RSUs that remain unvested under grants that initially consisted of (i) 2,111,934 RSUs that vest in 16 equal quarterly installments beginning on December 20, 2018 and 703,978 RSUs that vest in eight equal quarterly installments beginning on December 20, 2022; provided that no RSUs vest until the earlier of (A) a change in control of the issuer or (B) the first quarterly vesting date occurring following the expiration of the lock-up period established in connection with the issuer's initial public offering.
F7 Each share of Class B common stock is convertible at any time at the option of the Reporting Person into one share of Class A common stock and has no expiration date. All shares of Class B common stock will automatically convert into shares of Class A common stock upon the occurrence of certain specified events.
F8 The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares.

Remarks:

All reported sales were made to cover tax withholdings due on vesting of restricted stock unit awards, as required under the Issuer's administrative policies.