Daniel W. Fleming - 16 Oct 2024 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Signature
/s/ James Laufman, attorney-in-fact
Issuer symbol
CRDO
Transactions as of
16 Oct 2024
Transactions value $
-$136,975
Form type
4
Filing time
18 Oct 2024, 15:48:42
Previous filing
08 Oct 2024
Next filing
03 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Sale -$137K -3.79K -0.56% $36.14 671K 16 Oct 2024 Direct F1, F2
* 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 July 1, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $35.835 to $36.54. 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.