Filing Details

Accession Number:
0001628280-23-019620
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-24 18:11:02
Reporting Period:
2022-12-01
Accepted Time:
2023-05-24 18:11:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1807794 Credo Technology Group Holding Ltd CRDO Semiconductors & Related Devices (3674) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1896170 Fung Chi Cheng 110 Rio Robles
San Jose CA 95134
Chief Technology Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Disposition 2022-12-01 1,550 $14.25 11,255,802 No 4 S Direct
Ordinary Shares Acquisiton 2023-01-05 100,000 $0.00 11,355,802 No 4 A Direct
Ordinary Shares Disposition 2023-05-22 240,000 $10.51 400,000 No 4 S Indirect By Family Member
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 S Indirect By Family Member
Footnotes
  1. 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.
  2. 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.
  3. Represents RSUs that will vest over a period of four years subject to continued employment through each vesting date.
  4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person's spouse on October 13, 2022.
  5. This transaction was executed in multiple trades at prices ranging from $10.50 to $10.58. 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.
  6. Represents ordinary shares held by the Reporting Person's mother-in-law. The Reporting Person's spouse has investment control over ordinary shares held by the Reporting Person's mother-in-law. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.