Chi Fung Cheng - Jan 26, 2023 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Role
Chief Technology Officer, Director
Signature
/s/ Adam Thorngate-Gottlund, attorney-in-fact
Stock symbol
CRDO
Transactions as of
Jan 26, 2023
Transactions value $
-$1,383,820
Form type
4
Date filed
1/27/2023, 04:44 PM
Previous filing
Jan 20, 2023
Next filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$692K -40K -0.35% $17.30 11.3M Jan 26, 2023 Direct F1, F2, F3
transaction CRDO Ordinary Shares Sale -$692K -40K -5.26% $17.30 720K Jan 26, 2023 By Family Member F4, F5, F6
* 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 7, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $16.68 to $17.50. 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 On previous Form 4 filings, the Reporting Person inadvertently reported incorrect numbers of securities beneficially owned in Column 5, which numbers were misreported due to an inadvertent administrative error that incorrectly calculated the actual amount of securities beneficially owned following reported transactions. In fact, the current amount of securities the Reporting Person directly beneficially owns is 11,328,602, as reported in this Form 4.
F4 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.
F5 This transaction was executed in multiple trades at prices ranging from $16.67 to $17.50. 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.
F6 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.