Lip Bu Tan - Jul 13, 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
Jul 13, 2023
Transactions value $
-$5,776,193
Form type
4
Date filed
7/17/2023, 03:28 PM
Previous filing
Jul 12, 2023
Next filing
Nov 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$986K -57K -1.47% $17.29 3.81M Jul 13, 2023 Walden Technology Ventures Investments II, L.P. F1, F2, F3
transaction CRDO Ordinary Shares Sale -$3.84M -224K -100% $17.15 0 Jul 13, 2023 Celesta Capital III, L.P. F1, F4, F5
transaction CRDO Ordinary Shares Sale -$949K -56K -1.47% $16.95 3.75M Jul 14, 2023 Walden Technology Ventures Investments II, L.P. F1, F3, F6
holding CRDO Ordinary Shares 134K Jul 13, 2023 A&E Investment LLC F7
holding CRDO Ordinary Shares 30K Jul 13, 2023 Direct
holding CRDO Ordinary Shares 168K Jul 13, 2023 Lip-Bu Tan and Ysa Loo Trust F8, F9
* 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 $17.02 to $17.63. 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 is the Managing Director of China Walden Venture Investment II G.P., Ltd., which is the general partner of Walden Technology Ventures Investments II, L.P. 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 $17.09 to $17.27. 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.
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 This transaction was executed in multiple trades at prices ranging from $16.64 to $17.25. 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.
F7 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.
F8 Reflects changes in the Reporting Person's beneficial ownership as a result of pro rata distributions by Celesta Capital II, L.P. to its partners in a transaction that was exempt from reporting pursuant to Rule 16a-9.
F9 The Reporting Person is the joint trustee of the Lip-Bu Tan and Ysa Loo Trust Dated 2/3/92. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.

Remarks:

Celesta Capital II, L.P. has distributed all of its remaining shares to its partners in a transaction that was exempt from reporting pursuant to Rule 16a-9.