Daniel K. Mahoney - Dec 15, 2021 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Dec 15, 2021
Transactions value $
-$13,438
Form type
4
Date filed
12/17/2021, 02:57 PM
Previous filing
Dec 14, 2021
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +478 +21.59% $0.00 2.69K Dec 15, 2021 Direct
transaction CRAI Common Stock Disposed to Issuer -$571 -6.17 -0.23% $92.57 2.69K Dec 15, 2021 Direct
transaction CRAI Common Stock Tax liability -$12.9K -139 -5.17% $92.57 2.55K Dec 15, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRAI Restricted Stock Units Options Exercise $0 -478 -25% $0.00 1.43K Dec 15, 2021 Common Stock 478 Direct F1, F2
holding CRAI Restricted Stock Units 9.69K Dec 15, 2021 Common Stock 9.69K Direct F1, F3
holding CRAI Restricted Stock Units 1.47K Dec 15, 2021 Common Stock 1.47K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock; vested RSUs are payable in the form of cash, shares of the Issuer's common stock or a combination thereof, except as otherwise indicated below. To the extent vested RSUs are paid in shares of the Issuer's common stock, such shares will be delivered to the reporting person as soon as possible after vesting, but in no event later than two and one-half months after the end of the year in which vesting occurs, subject to the collection of withholding taxes. Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ("Dividend Units") when and as dividends are paid on the Issuer's common stock, and Dividend Units vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F2 The remaining RSUs, which include an aggregate of 18.5067 Dividend Units, vest in three equal annual installments beginning on December 15, 2022.
F3 he RSUs, which include an aggregate of 283.4778 Dividend Units, vest in three equal annual installments beginning on April 3, 2022.
F4 The RSUs, which include an aggregate of 13.4956 Dividend Units, vest in four equal annual installments beginning on March 22, 2022.