Chi Fung Cheng - Jun 6, 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
Jun 6, 2023
Transactions value $
$0
Form type
4
Date filed
6/8/2023, 08:44 PM
Previous filing
Jun 5, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Gift $0 -11.2M -98.58% $0.00 161K Jun 6, 2023 Direct F1, F2
transaction CRDO Ordinary Shares Gift $0 +11.2M $0.00 11.2M Jun 6, 2023 Cheng Huang Family Trust F1
holding CRDO Ordinary Shares 360K Jun 6, 2023 By Family Member F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 6, 2023, the Reporting Person contributed 11,188,602 ordinary shares to The Cheng Huang Family Trust of which the Reporting Person and his spouse are trustees and the Reporting Person, his spouse and their children are beneficiaries. The Reporting Person continues to report beneficial ownership of all of the ordinary shares held by the trust but disclaims beneficial ownership except to the extent of his and his spouse?s pecuniary interest therein.
F2 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 amount of securities the Reporting Person directly beneficially owned immediately prior to the transactions reported in this Form 4 was 11,349,552 ordinary shares.
F3 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.