Paul A. Maleh - Apr 11, 2024 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Apr 11, 2024
Transactions value $
-$108,757
Form type
4
Date filed
4/15/2024, 07:08 PM
Previous filing
Mar 26, 2024
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise +1.53K +0.88% 175K Apr 11, 2024 Direct F1
transaction CRAI Common Stock Disposed to Issuer -$3.11K -21.4 -0.01% $145.12 175K Apr 11, 2024 Direct
transaction CRAI Common Stock Tax liability -$106K -728 -0.42% $145.12 174K Apr 11, 2024 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 -1.53K -25% $0.00 4.58K Apr 11, 2024 Common Stock 1.53K Direct F1, F2
holding CRAI Restricted Stock Units 2.96K Apr 11, 2024 Common Stock 2.96K Direct F1, F3
holding CRAI Restricted Stock Units 5.33K Apr 11, 2024 Common Stock 5.33K Direct F1, F4
holding CRAI Restricted Stock Units 3.85K Apr 11, 2024 Common Stock 3.85K Direct F1, F5
holding CRAI Restricted Stock Units 5.55K Apr 11, 2024 Common Stock 5.55K Direct F1, F6
holding CRAI Restricted Stock Units 2.27K Apr 11, 2024 Common Stock 2.27K Direct F1, F7
holding CRAI Restricted Stock Units 4.09K Apr 11, 2024 Common Stock 4.09K Direct F1, F8
holding CRAI Nonqualified Stock Option (right to buy) 16.3K Apr 11, 2024 Common Stock 16.3K $44.87 Direct F9
holding CRAI Nonqualified Stock Option (right to buy) 15.2K Apr 11, 2024 Common Stock 15.2K $47.45 Direct F9
* 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 64.2882 Dividend Units, vest in three equal annual installments beginning on April 11, 2025.
F3 The RSUs, which include an aggregate of 128.5228 Dividend Units, vest on December 15, 2024.
F4 The RSUs, which include an aggregate of 231.2973 Dividend Units, vest on December 15, 2024.
F5 The RSUs, which include an aggregate of 105.5450 Dividend Units, vest in two equal annual installments beginning on March 10, 2025.
F6 The RSUs, which include an aggregate of 151.9978 Dividend Units, vest in two equal annual installments beginning on March 10, 2025.
F7 The RSUs, which include an aggregate of 90.5227 Dividend Units, vest on March 22, 2025.
F8 The RSUs, which include an aggregate of 162.9653 Dividend Units, vest on March 22, 2025.
F9 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.