Daniel W. Fleming - Nov 15, 2022 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Signature
/s/ Adam Thorngate-Gottlund, attorney-in-fact
Stock symbol
CRDO
Transactions as of
Nov 15, 2022
Transactions value $
-$828,844
Form type
4
Date filed
11/16/2022, 05:01 PM
Previous filing
Sep 8, 2022
Next filing
Jun 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Options Exercise $15.5K +56.3K +10.34% $0.28* 600K Nov 15, 2022 Direct
transaction CRDO Ordinary Shares Sale -$844K -56.3K -9.37% $15.01 544K Nov 15, 2022 Direct F1, F2

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 CRDO Employee Stock Option (Right to Buy) Options Exercise $0 -56.3K -29.61% $0.00 134K Nov 15, 2022 Ordinary Shares 56.3K $0.28 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 15, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $14.78 to $15.26. 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.
F3 These options were granted on May 10, 2016 and are fully vested.