Form 4 for CRDO Credo Technology Group Holding Ltd
Accepted 2023-06-06 00:00:00 ET · period of report 2023-06-02 · accession 0001628280-23-021158 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-06-06 | 2023-06-02 | CRDO | TAN LIP BU | Dir | S - Sale | $16.38 | -343.1K | 1.86M | -16% | -$5.62M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2023-06-02 | S | D | 201,451 | $16.38 | 677,646 | I Celesta Capital III, L.P. | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $16.23 to $16.56. 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. (F3) Reflects changes in the reporting person?s beneficial ownership as a result of pro rata distributions by Celesta Capital II, L.P. and Celesta Capital III, L.P. to each of their respective partners in transactions that were exempt from reporting pursuant to Rule 16a-9. (F5) The Reporting Person is the Managing Director of Celesta Capital GP III, LLC, which is the general partner of Celesta Capital III, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. |
| 2 | Common | Ordinary Shares | 2023-06-02 | S | D | 141,624 | $16.38 | 1,862,598 | I Celesta Capital II, L.P. | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $16.23 to $16.56. 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. (F3) Reflects changes in the reporting person?s beneficial ownership as a result of pro rata distributions by Celesta Capital II, L.P. and Celesta Capital III, L.P. to each of their respective partners in transactions that were exempt from reporting pursuant to Rule 16a-9. (F4) The Reporting Person is the Managing Director of Celesta Capital GP II, Ltd., which is the general partner of Celesta Capital II, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. Represents restricted stock units that will vest over a period of four years subject to continued employment through each vesting date. |