Paul A. Maleh - Mar 4, 2024 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
Mar 4, 2024
Transactions value $
-$240,275
Form type
4
Date filed
3/6/2024, 07:57 PM
Previous filing
Dec 19, 2023
Next filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise +5.4K +3.12% 178K Mar 4, 2024 Direct F1
transaction CRAI Common Stock Tax liability -$221K -1.59K -0.89% $138.99 177K Mar 4, 2024 Direct
transaction CRAI Common Stock Options Exercise +136 +0.08% 177K Mar 4, 2024 Direct F1
transaction CRAI Common Stock Disposed to Issuer -$18.9K -136 -0.08% $138.99 177K Mar 4, 2024 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 +5.53K $0.00 5.53K Mar 4, 2024 Common Stock 5.53K Direct F2, F3, F4
holding CRAI Restricted Stock Units 2.95K Mar 4, 2024 Common Stock 2.95K Direct F2, F5
holding CRAI Restricted Stock Units 5.76K Mar 4, 2024 Common Stock 5.76K Direct F2, F6
holding CRAI Restricted Stock Units 4.53K Mar 4, 2024 Common Stock 4.53K Direct F2, F7
holding CRAI Restricted Stock Units 5.31K Mar 4, 2024 Common Stock 5.31K Direct F2, F8
holding CRAI Restricted Stock Units 8.16K Mar 4, 2024 Common Stock 8.16K Direct F2, F9
holding CRAI Restricted Stock Units 6.08K Mar 4, 2024 Common Stock 6.08K Direct F2, F10
holding CRAI Nonqualified Stock Option (right to buy) 16.3K Mar 4, 2024 Common Stock 16.3K $44.87 Direct F11
holding CRAI Nonqualified Stock Option (right to buy) 15.2K Mar 4, 2024 Common Stock 15.2K $47.45 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued in settlement of the vesting of performance restricted stock units ("PRSUs") granted on March 10, 2022.
F2 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.
F3 Unvested RSUs resulting from the determination of the outcome of performance conditions of PRSUs granted on March 10, 2022.
F4 The RSUs, which include an aggregate of 135.7451 Dividend Units, vest in two equal annual installments on March 10, 2025.
F5 The RSUs, which include an aggregate of 119.8500 Dividend Units, vest on December 15, 2024.
F6 The RSUs, which include an aggregate of 141.4009 Dividend Units, vest in three equal annual installments beginning on March 10, 2024.
F7 The RSUs, which include an aggregate of 167.7250 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F8 The RSUs, which include an aggregate of 215.6881 Dividend Units, vest on December 15, 2024.
F9 The RSUs, which include an aggregate of 301.9500 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F10 The RSUs, which include an aggregate of 67.8428 Dividend Units, vest in four equal annual installments beginning on April 11, 2024.
F11 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.