Chi Fung Cheng - 14 Nov 2022 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Signature
/s/ Adam Thorngate-Gottlund, attorney-in-fact
Issuer symbol
CRDO
Transactions as of
14 Nov 2022
Net transactions value
-$584,336
Form type
4
Filing time
16 Nov 2022, 16:49:57 UTC
Previous filing
09 Nov 2022
Next filing
28 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Gift $0 -1,000,000 -8% $0.000000 11,543,602 17 Mar 2021 Direct F1
transaction CRDO Ordinary Shares Gift $0 +1,000,000 $0.000000 1,000,000 17 Mar 2021 By Family Member F1, F2
transaction CRDO Ordinary Shares Sale $584,336 -40,000 -4% $14.61 960,000 14 Nov 2022 By Family Member F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a gift of 1,000,000 ordinary shares, for no consideration, from the Reporting Person to the reporting person's mother-in-law.
F2 Represents ordinary shares held by the Reporting Person's mother-in-law. The Reporting Person's spouse has investment control over ordinary shares held by the Reporting Person's mother-in-law. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on October 13, 2022.
F4 This transaction was executed in multiple trades at prices ranging from $14.31 to $14.92. 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.