Lip Bu Tan - Dec 8, 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
Dec 8, 2023
Transactions value $
-$8,750,000
Form type
4
Date filed
12/12/2023, 08:43 PM
Previous filing
Dec 4, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$7.26M -415K -11.05% $17.50 3.34M Dec 8, 2023 Walden Technology Ventures Investments II, L.P. F1, F2
transaction CRDO Ordinary Shares Sale -$1.49M -85K -63.56% $17.50 48.7K Dec 8, 2023 A&E Investment LLC F1, F3
holding CRDO Ordinary Shares 168K Dec 8, 2023 Lip-Bu Tan and Ysa Loo Trust F4
holding CRDO Ordinary Shares 30K Dec 8, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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.
F3 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.
F4 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.