Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CRDO | Ordinary Shares | Sale | -$1.6M | -71K | -5.3% | $22.58 | 1.27M | Apr 3, 2024 | By Zhan BVI Co Ltd | F1, F2, F3 |
transaction | CRDO | Ordinary Shares | Sale | -$1.87M | -82.8K | -9.39% | $22.58 | 799K | Apr 3, 2024 | By Chung BVI Co Ltd | F1, F2, F3 |
transaction | CRDO | Ordinary Shares | Sale | -$9.05K | -400 | -0.05% | $22.62 | 798K | Apr 4, 2024 | By Chung BVI Co Ltd | F1, F3, F4 |
transaction | CRDO | Ordinary Shares | Award | $0 | +100K | +3.26% | $0.00 | 3.17M | Apr 4, 2024 | Direct | F5 |
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 reporting person on July 13, 2023. |
F2 | This transaction was executed in multiple trades at prices ranging from $22.50 to $22.70. 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 indirectly held shares except to the extent of any pecuniary interest therein. |
F4 | This transaction was executed in multiple trades at prices ranging from $22.56 to $22.68. 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. |
F5 | These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one Ordinary Share. One quarter of the RSUs shall vest on January 2, 2025 and 1/16th of the RSUs shall vest on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date. |