Paul A. Maleh - Dec 15, 2023 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Role
PRESIDENT AND CEO, Director
Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Dec 15, 2023
Transactions value $
-$382,166
Form type
4
Date filed
12/19/2023, 05:35 PM
Previous filing
Dec 12, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise +2.95K +1.75% 172K Dec 15, 2023 Direct F1
transaction CRAI Common Stock Disposed to Issuer -$11.9K -120 -0.07% $99.20 171K Dec 15, 2023 Direct
transaction CRAI Common Stock Tax liability -$125K -1.26K -0.73% $99.20 170K Dec 15, 2023 Direct
transaction CRAI Common Stock Options Exercise +5.31K +3.12% 175K Dec 15, 2023 Direct F1
transaction CRAI Common Stock Disposed to Issuer -$21.4K -216 -0.12% $99.20 175K Dec 15, 2023 Direct
transaction CRAI Common Stock Tax liability -$224K -2.26K -1.29% $99.20 173K Dec 15, 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 -2.95K -49.99% $0.00 2.95K Dec 15, 2023 Common Stock 2.95K Direct F1, F2
transaction CRAI Restricted Stock Units Options Exercise $0 -5.31K -50% $0.00 5.31K Dec 15, 2023 Common Stock 5.31K Direct F1, F3
holding CRAI Restricted Stock Units 5.76K Dec 15, 2023 Common Stock 5.76K Direct F1, F4
holding CRAI Restricted Stock Units 4.53K Dec 15, 2023 Common Stock 4.53K Direct F1, F5
holding CRAI Restricted Stock Units 8.16K Dec 15, 2023 Common Stock 8.16K Direct F1, F6
holding CRAI Restricted Stock Units 6.08K Dec 15, 2023 Common Stock 6.08K Direct F1, F7
holding CRAI Nonqualified Stock Option (right to buy) 16.3K Dec 15, 2023 Common Stock 16.3K $44.87 Direct F8
holding CRAI Nonqualified Stock Option (right to buy) 15.2K Dec 15, 2023 Common Stock 15.2K $47.45 Direct F8
* 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 RSUs, which include an aggregate of 119.8500 Dividend Units, vest on December 15, 2024.
F3 The RSUs, which include an aggregate of 215.6881 Dividend Units, vest on December 15, 2024.
F4 The RSUs, which include an aggregate of 141.4009 Dividend Units, vest in three equal annual installments beginning on March 10, 2024.
F5 The RSUs, which include an aggregate of 167.7250 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F6 The RSUs, which include an aggregate of 301.9500 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F7 The RSUs, which include an aggregate of 67.8428 Dividend Units, vest in four equal annual installments beginning on April 11, 2024.
F8 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.