| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRDO | Ordinary Shares | Sale | -$820K | -50K | -1.68% | $16.41 | 2.92M | Jul 7, 2023 | By Zhan BVI Co Ltd | F1, F2, F3 |
| transaction | CRDO | Ordinary Shares | Sale | -$82K | -5K | -0.16% | $16.40 | 3.2M | Jul 7, 2023 | Direct | F1, F4 |
| transaction | CRDO | Ordinary Shares | Sale | -$1.64M | -100K | -2.84% | $16.41 | 3.42M | Jul 7, 2023 | By Chung BVI Co Ltd | F1, F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 $16.00 to $16.58. 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 | The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. |
| F4 | This transaction was executed in multiple trades at prices ranging from $16.04 to $16.52. 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. |
On November 8, 2022, the Reporting Person contributed 50,000 ordinary shares to the Evelyn Job and April Foundation, a tax-exempt 501(c)(3) charitable institution of which the Reporting Person and his spouse share voting and investment power over the securities owned by the foundation. The Reporting Person no longer has a reportable pecuniary interest in the securities owned by the Evelyn Job and April Foundation.