William Joseph Brennan - 17 Apr 2024 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Role
Pres & Chief Executive Officer, Director
Signature
/s/ Katherine E. Schuelke, attorney-in-fact
Issuer symbol
CRDO
Transactions as of
17 Apr 2024
Net transactions value
-$559,474
Form type
4
Filing time
18 Apr 2024, 17:27:36 UTC
Previous filing
08 Apr 2024
Next filing
03 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale $287,421 -15,000 -0.5% $19.16 2,992,500 17 Apr 2024 The Brennan Family Trust, DTD 09/06/2002 F1, F2, F3
transaction CRDO Ordinary Shares Sale $272,054 -15,000 -0.5% $18.14 2,977,500 18 Apr 2024 The Brennan Family Trust, DTD 09/06/2002 F1, F3, F4
holding CRDO Ordinary Shares 678,279 17 Apr 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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 March 9, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $19.04 to $19.375. 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.
F4 This transaction was executed in multiple trades at prices ranging from $17.95 to $18.37. 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.