Chi Fung Cheng - Sep 1, 2023 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Signature
/s/ Adam Thorngate-Gottlund, attorney-in-fact
Stock symbol
CRDO
Transactions as of
Sep 1, 2023
Transactions value $
-$105,063
Form type
4
Date filed
9/6/2023, 06:24 PM
Previous filing
Aug 24, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$105K -6.25K -2.22% $16.81 275K Sep 1, 2023 Direct F1, F2
holding CRDO Ordinary Shares 120K Sep 1, 2023 By Family Member F3
holding CRDO Ordinary Shares 10.8M Sep 1, 2023 Cheng Huang Family Trust F4
* 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 in connection with the vesting and settlement of Restricted Stock Units that were previously reported on Table I by the Reporting Person.
F2 This transaction was executed in multiple trades at prices ranging from $16.75 to $17.17. 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 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.
F4 Represents ordinary shares held by 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 disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.