Credo Technology Group Holding Ltd — Director's Dealing 2023

Jun 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Credo Technology Group Holding Ltd (CRDO)
CIK: 0001807794
Period of Report: 2022-12-01

Reporting Person: Thorngate-Gottlund Adam (General Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-01	Ordinary Shares	S	1101	$13.795	Disposed	271543	Direct
2023-01-05	Ordinary Shares	A	50000	—	Acquired	321543	Direct
2023-06-01	Ordinary Shares	F	1080	$16.54	Disposed	320463	Direct

Footnotes

F1: The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

F2: Includes 2500 shares acquired under the Issuer?s employee stock purchase plan.

F3: This transaction was executed in multiple trades at prices ranging from $13.795 to $14.51. 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: RSUs that will vest over a period of four years subject to continued employment through each vesting date.

F5: Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units (?RSUs?).