| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRDO | Ordinary Shares | Award | $0 | +250K | +57.55% | $0.00 | 684K | Apr 4, 2024 | Direct | F1 |
| transaction | CRDO | Ordinary Shares | Sale | -$335K | -15K | -0.49% | $22.31 | 3.02M | Apr 4, 2024 | The Brennan Family Trust, DTD 09/06/2002 | F2, F3, F4 |
| transaction | CRDO | Ordinary Shares | Sale | -$326K | -15K | -0.5% | $21.72 | 3.01M | Apr 5, 2024 | The Brennan Family Trust, DTD 09/06/2002 | F2, F4, F5 |
| transaction | CRDO | Ordinary Shares | Tax liability | -$131K | -6.15K | -0.9% | $21.36 | 678K | Apr 5, 2024 | Direct | F6 |
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 | 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. |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2023. |
| F3 | This transaction was executed in multiple trades at prices ranging from $22.21 to $22.42. 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $21.50 to $21.87 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. |
| F6 | Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs. |