| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRDO | Ordinary Shares | Sale | -$217K | -15K | -0.38% | $14.45 | 3.93M | Oct 24, 2023 | The Brennan Family Trust, DTD 09/06/2002 | F1, F2, F3, F4 |
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 | On October 24, 2023 the reporting person inadvertently reported that The Brennan Family Trust, DTD 09/06/2002 (the "Brennan Family Trust") sold 15,000 shares on October 24, 2024, due to an inadvertent administrative error. In fact, the Brennan Family Trust sold 15,000 shares on October 24, 2023. The number of shares sold and the price of such shares as reported by the reporting person remains unchanged. |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Brennan Family Trust on March 9, 2023. |
| F3 | This transaction was executed in multiple trades at prices ranging from $14.27 to $14.62. 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. |
| F4 | The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |