Daniel K. Mahoney - Mar 22, 2022 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Mar 22, 2022
Transactions value $
-$9,752
Form type
4
Date filed
3/24/2022, 04:45 PM
Previous filing
Mar 14, 2022
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +366 +14.38% $0.00 2.91K Mar 22, 2022 Direct
transaction CRAI Common Stock Disposed to Issuer -$298 -3.37 -0.12% $88.36 2.91K Mar 22, 2022 Direct
transaction CRAI Common Stock Tax liability -$9.45K -107 -3.68% $88.36 2.8K Mar 22, 2022 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 -366 -24.95% $0.00 1.1K Mar 22, 2022 Common Stock 366 Direct F1, F2
holding CRAI Restricted Stock Units 9.69K Mar 22, 2022 Common Stock 9.69K Direct F1, F3
holding CRAI Restricted Stock Units 1.43K Mar 22, 2022 Common Stock 1.43K Direct F1, F4
holding CRAI Restricted Stock Units 1.76K Mar 22, 2022 Common Stock 1.76K Direct F1, F5
* 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 10.1286 Dividend Units, vest in three equal annual installments beginning on March 22, 2023.
F3 The 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 18.5067 Dividend Units, vest in three equal annual installments beginning on December 15, 2022.
F5 The RSUs vest in four equal annual installments beginning on March 10, 2023.