| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRDO | Ordinary Shares | Options Exercise | $688 | +2.5K | +0.37% | $0.28* | 677K | Nov 16, 2023 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRDO | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -2.5K | -2.25% | $0.00 | 109K | Nov 16, 2023 | Ordinary Shares | 2.5K | $0.28 | Direct | F2 |
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 option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2023. |
| F2 | These options were granted on May 10, 2016 and are fully vested. |
The Form 4s filed by the reporting person on October 12, 2023 and November 17, 2023 both inadvertently stated that the date of the adoption of the reporting person's applicable 10b5-1 Plan was September 25, 2023. In fact, the date of the adoption of the reporting person's applicable 10b5-1 Plan was June 26, 2023, as corrected on this Form 4.