Daniel W. Fleming - 30 May 2023 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Reporting relationship: Chief Financial Officer
Issuer ticker: CRDO
Reported as of: 30 May 2023
Net transaction value: -$54,695
SEC form: 4
Accepted by SEC: 01 Jun 2023, 17:17:59 UTC
Prior SEC filing: 14 Mar 2023
Next SEC filing: 26 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Adam Thorngate-Gottlund, attorney-in-fact

Key filing fact

Daniel W. Fleming filed Form 4 for Credo Technology Group Holding Ltd (CRDO) on 01 Jun 2023.

Key facts

This page summarizes Daniel W. Fleming's Form 4 filing for Credo Technology Group Holding Ltd (CRDO).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 01 Jun 2023, 17:17.

Change

Previous filing in this sequence was filed on 14 Mar 2023.
Current net transaction value: -$54,695.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CRDO transaction

Ordinary Shares

Options Exercise

Transaction value: $1,018
Shares: +3,700
Change %: +0.63%
Price: $0.2750^*
Shares after: 588,952
Date: 30 May 2023
Ownership: Direct

CRDO transaction

Ordinary Shares

Sale

Transaction value: $55,712
Shares: -3,700
Change %: -0.63%
Price: $15.06
Shares after: 585,252
Date: 30 May 2023
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CRDO transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -3,700
Change %: -3.2%
Price: $0.000000
Shares after: 111,300
Date: 30 May 2023
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 3,700
Exercise price: $0.2750
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $15.04 to $15.075. 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.

Footnote F3

These options were granted on May 10, 2016 and are fully vested.