William Joseph Brennan - Dec 8, 2023 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Role: Pres & Chief Executive Officer, Director
Signature: /s/ Adam Thorngate-Gottlund, attorney-in-fact
Stock symbol: CRDO
Transactions as of: Dec 8, 2023
Transactions value $: -$9,021,389
Form type: 4
Date filed: 12/12/2023, 08:42 PM
Previous filing: Dec 5, 2023
Next filing: Dec 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRDO	Ordinary Shares	Sale	-$8.75M	-500K	-13.24%	$17.50	3.28M	Dec 8, 2023	The Brennan Family Trust, DTD 09/06/2002	F1, F2
transaction	CRDO	Ordinary Shares	Sale	-$271K	-15K	-0.46%	$18.09	3.26M	Dec 12, 2023	The Brennan Family Trust, DTD 09/06/2002	F2, F3, F4
holding	CRDO	Ordinary Shares						457K	Dec 8, 2023	Direct

* 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	On December 8, 2023, the Issuer completed an underwritten public offering pursuant to which the Reporting Person sold 500,000 ordinary shares at a public offering price of $17.50 per share, or a net per share price of $16.7125 after deducting $0.7875 per share of underwriting discounts and commissions.
F2	The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
F3	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Brennan Family Trust on December 15, 2022.
F4	This transaction was executed in multiple trades at prices ranging from $18.05 to $18.15. 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.