Jonathan D. Yellin - 15 Dec 2023 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Signature
Delia J. Makhlouta, by power of attorney
Issuer symbol
CRAI
Transactions as of
15 Dec 2023
Transactions value $
$-70,182
Form type
4
Filing time
19 Dec 2023, 17:36:21 UTC
Previous filing
12 Dec 2023
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise +541 +2.54% 21,832 15 Dec 2023 Direct F1
transaction CRAI Common Stock Disposed to Issuer $-2,179 -22 -0.1% $99.20 21,810 15 Dec 2023 Direct
transaction CRAI Common Stock Tax liability $-22,915 -231 -1.06% $99.20 21,579 15 Dec 2023 Direct
transaction CRAI Common Stock Options Exercise +974 +4.51% 22,553 15 Dec 2023 Direct F1
transaction CRAI Common Stock Disposed to Issuer $-3,920 -40 -0.18% $99.20 22,513 15 Dec 2023 Direct
transaction CRAI Common Stock Tax liability $-41,168 -415 -1.84% $99.20 22,098 15 Dec 2023 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 -541 -50% $0.000000 541 15 Dec 2023 Common Stock 541 Direct F1, F2
transaction CRAI Restricted Stock Units Options Exercise $0 -974 -50% $0.000000 975 15 Dec 2023 Common Stock 974 Direct F1, F3
holding CRAI Restricted Stock Units 1,171 15 Dec 2023 Common Stock 1,171 Direct F1, F4
holding CRAI Restricted Stock Units 832 15 Dec 2023 Common Stock 832 Direct F1, F5
holding CRAI Restricted Stock Units 1,496 15 Dec 2023 Common Stock 1,496 Direct F1, F6
holding CRAI Restricted Stock Units 1,236 15 Dec 2023 Common Stock 1,236 Direct F1, F7
holding CRAI Nonqualified Stock Option (right to buy) 2,377 15 Dec 2023 Common Stock 2,377 $44.87 Direct F8
holding CRAI Nonqualified Stock Option (right to buy) 2,845 15 Dec 2023 Common Stock 2,845 $47.45 Direct F8
* 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 RSUs, which include an aggregate of 21.9640 Dividend Units, vest on December 15, 2024.
F3 The RSUs, which include an aggregate of 39.5636 Dividend Units, vest on December 15, 2024.
F4 The RSUs, which include an aggregate of 28.7283 Dividend Units, vest in three equal annual installments beginning on March 10, 2024.
F5 The RSUs, which include an aggregate of 30.7715 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F6 The RSUs, which include an aggregate of 55.3623 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F7 The RSUs, which include an aggregate of 13.7808 Dividend Units, vest in four equal annual installments beginning on April 11, 2024.
F8 Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.