AI assistant
Credo Technology Group Holding Ltd — Director's Dealing 2023
Dec 13, 2023
30210_dirs_2023-12-12_4d3195f3-0c83-40df-9f74-306153552c00.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Credo Technology Group Holding Ltd (CRDO)
CIK: 0001807794
Period of Report: 2023-12-08
Reporting Person: Fleming Daniel W. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-08 | Ordinary Shares | S | 60000 | $17.50 | Disposed | 614738 | Direct |
| 2023-12-11 | Ordinary Shares | M | 12500 | $0.275 | Acquired | 627238 | Direct |
| 2023-12-11 | Ordinary Shares | S | 12500 | $17.9342 | Disposed | 614738 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-11 | Employee Stock Option (Right to Buy) | $0.275 | M | 12500 | Disposed | 2026-05-10 | Ordinary Shares (12500) | Direct |
Footnotes
F1: On December 8, 2023, the Issuer completed an underwritten public offering pursuant to which the Reporting Person sold 60,000 ordinary shares at a public offering price of $17.50 per share, or a net per share price of $16.7125 after deducting $0.7875 per share of underwriting discounts and commissions.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2023.
F3: This transaction was executed in multiple trades at prices ranging from $17.80 to $18.22. 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: These options were granted on May 10, 2016 and are fully vested.