Daniel W. Fleming - Oct 11, 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
Oct 11, 2023
Transactions value $
-$106,015
Form type
4
Date filed
10/12/2023, 07:11 PM
Previous filing
Sep 26, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$106K -6.6K -0.96% $16.06 680K Oct 11, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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 September 25, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $15.92 to $16.37. 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.