Daniel W. Fleming - Dec 1, 2024 Form 4 Insider Report for Credo Technology Group Holding Ltd (CRDO)

Signature
/s/ James Laufman, attorney-in-fact
Stock symbol
CRDO
Transactions as of
Dec 1, 2024
Transactions value $
-$726,693
Form type
4
Date filed
12/3/2024, 04:19 PM
Previous filing
Oct 18, 2024
Next filing
Dec 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRDO Ordinary Shares Tax liability -$120K -2.46K -0.37% $48.96 669K Dec 1, 2024 Direct F1
transaction CRDO Ordinary Shares Sale -$606K -12.5K -1.87% $48.48 656K Dec 2, 2024 Direct F2, F3
* 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 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
F2 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.
F3 This transaction was executed in multiple trades at prices ranging from $48.03 to $49.03. 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.