Adam Thorngate-Gottlund - Dec 1, 2022 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Signature
/s/ Adam Thorngate-Gottlund
Stock symbol
CRDO
Transactions as of
Dec 1, 2022
Transactions value $
-$33,051
Form type
4
Date filed
6/5/2023, 09:51 PM
Previous filing
Sep 23, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$15.2K -1.1K -0.4% $13.80 272K Dec 1, 2022 Direct F1, F2, F3
transaction CRDO Ordinary Shares Award $0 +50K +18.41% $0.00 322K Jan 5, 2023 Direct F4
transaction CRDO Ordinary Shares Tax liability -$17.9K -1.08K -0.34% $16.54 320K Jun 1, 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
F2 Includes 2500 shares acquired under the Issuer?s employee stock purchase plan.
F3 This transaction was executed in multiple trades at prices ranging from $13.795 to $14.51. 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.
F4 RSUs that will vest over a period of four years subject to continued employment through each vesting date.
F5 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units (?RSUs?).