| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRDO | Ordinary Shares | Sale | -$293K | -15K | -0.46% | $19.56 | 3.22M | Dec 29, 2023 | The Brennan Family Trust, DTD 09/06/2002 | F1, F2, F3 |
| holding | CRDO | Ordinary Shares | 457K | Dec 29, 2023 | Direct |
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 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. |
| F2 | This transaction was executed in multiple trades at prices ranging from $19.42 to $19.69. 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 | The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |