Lip Bu Tan - Jun 2, 2023 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Role
Director
Signature
/s/ Adam Thorngate-Gottlund, attorney-in-fact
Stock symbol
CRDO
Transactions as of
Jun 2, 2023
Transactions value $
-$5,619,328
Form type
4
Date filed
6/6/2023, 09:06 PM
Previous filing
May 18, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$2.32M -142K -7.07% $16.38 1.86M Jun 2, 2023 Celesta Capital II, L.P. F1, F2, F3, F4
transaction CRDO Ordinary Shares Sale -$3.3M -201K -22.92% $16.38 678K Jun 2, 2023 Celesta Capital III, L.P. F1, F2, F3, F5
holding CRDO Ordinary Shares 30K Jun 2, 2023 Direct
holding CRDO Ordinary Shares 115K Jun 2, 2023 Lip-Bu Tan and Ysa Loo Trust F3
holding CRDO Ordinary Shares 154K Jun 2, 2023 A&E Investment LLC F3, F6
holding CRDO Ordinary Shares 4.22M Jun 2, 2023 China Walden Venture Investments II, L.P. F3, F7
* 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 Rule 144.
F2 This transaction was executed in multiple trades at prices ranging from $16.23 to $16.56. 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 Reflects changes in the reporting person?s beneficial ownership as a result of pro rata distributions by Celesta Capital II, L.P. and Celesta Capital III, L.P. to each of their respective partners in transactions that were exempt from reporting pursuant to Rule 16a-9.
F4 The Reporting Person is the Managing Director of Celesta Capital GP II, Ltd., which is the general partner of Celesta Capital II, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. Represents restricted stock units that will vest over a period of four years subject to continued employment through each vesting date.
F5 The Reporting Person is the Managing Director of Celesta Capital GP III, LLC, which is the general partner of Celesta Capital III, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.
F6 The Reporting Person is the Manager of A&E Investment LLC, an entity owned by the Reporting Person's family trust for which the Reporting Person is a joint trustee.
F7 The Reporting Person is the Managing Director of China Walden Venture Investment II G.P., Ltd., which is the general partner of China Walden Venture Investments II, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.