SEC Form 4 · accession 0001179110-16-031628
CRA INTERNATIONAL, INC. · CRAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arnold J Lowenstein
Officer — EVP, Chief Strategy Officer
Period of report
Nov 12, 2016
Accepted (ET)
Nov 15, 2016 · 5:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053706
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 12, 2016 | M | 978 | $0.00 | A | 33,658 | D | |
| Common Stock | Nov 12, 2016 | F | 318 | $31.44 | D | 33,340 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 12, 2016 | M | 978 | D | — | — | Common Stock | 978 | 2,935 | D |
| Nonqualified Stock Options (right to buy)F3 | $30.96 | Nov 14, 2016 | A | 6,000 | A | Nov 14, 2016 | Nov 14, 2023 | Common Stock | 6,000 | 6,000 | D |
| Restricted Stock UnitsF1,F4 | — | Nov 14, 2016 | A | 3,000 | A | — | — | Common Stock | 3,000 | 3,000 | D |
| Nonqualified Stock Option (right to buy)F3 | $21.91 | holding | — | — | — | Nov 14, 2011 | Nov 14, 2018 | Common Stock | 9,600 | 9,600 | D |
| Nonqualified Stock Option (right to buy)F3 | $18.48 | holding | — | — | — | Nov 19, 2013 | Nov 19, 2020 | Common Stock | 12,973 | 12,973 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Common Stock | 3,244 | 3,244 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Common Stock | 3,200 | 3,200 | D |
| Nonqualified Stock Option (right to buy)F3 | $30.97 | holding | — | — | — | Nov 20, 2014 | Nov 20, 2021 | Common Stock | 7,500 | 7,500 | D |
| Restricted Stock UnitsF1,F6 | — | holding | — | — | — | — | — | Common Stock | 2,813 | 2,813 | D |
| Nonqualified Stock Option (right to buy)F3 | $21.52 | holding | — | — | — | Nov 12, 2015 | Nov 12, 2022 | Common Stock | 7,826 | 7,826 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock; vested restricted stock units are payable in the form of cash, shares of the Issuer's common stock or a combination thereof. To the extent vested restricted stock units 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.
- F2The remaining restricted stock units vest in three equal annual installments beginning on November 12, 2017.
- F3Date indicated is date of grant. Options vest in four equal annual installments beginning on the first anniversary of the date of grant.
- F4The restricted stock units vest in four equal annual installments beginning on November 14, 2017.
- F5The restricted stock units vest in two equal annual installments beginning on November 19, 2016.
- F6The restricted stock units vest in three equal annual installments beginning on November 20, 2016.