SEC Form 4 · accession 0001179110-16-031990
CRA INTERNATIONAL, INC. · CRAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Arnold J Lowenstein
Officer — EVP, Chief Strategy Officer
Period of report
Nov 19, 2016
Accepted (ET)
Nov 22, 2016 · 8:10 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 19, 2016 | M | 1,622 | $0.00 | A | 34,962 | D | |
| Common Stock | Nov 19, 2016 | F | 527 | $31.57 | D | 34,435 | D | |
| Common Stock | Nov 19, 2016 | M | 1,600 | $0.00 | A | 36,035 | D | |
| Common Stock | Nov 19, 2016 | F | 520 | $31.57 | D | 35,515 | D | |
| Common Stock | Nov 20, 2016 | M | 937 | $0.00 | A | 36,452 | D | |
| Common Stock | Nov 20, 2016 | F | 305 | $31.57 | D | 36,147 | 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 19, 2016 | M | 1,622 | D | — | — | Common Stock | 1,622 | 1,622 | D |
| Restricted Stock UnitsF1,F2 | — | Nov 19, 2016 | M | 1,600 | D | — | — | Common Stock | 1,600 | 1,600 | D |
| Restricted Stock UnitsF1,F3 | — | Nov 20, 2016 | M | 937 | D | — | — | Common Stock | 937 | 1,876 | D |
| Nonqualified Stock Option (right to buy)F4 | $21.91 | holding | — | — | — | Nov 14, 2011 | Nov 14, 2018 | Common Stock | 9,600 | 9,600 | D |
| Nonqualified Stock Option (right to buy)F4 | $18.48 | holding | — | — | — | Nov 19, 2013 | Nov 19, 2020 | Common Stock | 12,973 | 12,973 | D |
| Nonqualified Stock Option (right to buy)F4 | $30.97 | holding | — | — | — | Nov 20, 2014 | Nov 20, 2021 | Common Stock | 7,500 | 7,500 | D |
| Nonqualified Stock Option (right to buy)F4 | $21.52 | holding | — | — | — | Nov 12, 2015 | Nov 12, 2022 | Common Stock | 7,826 | 7,826 | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Common Stock | 2,935 | 2,935 | D |
| Nonqualified Stock Options (right to buy)F4 | $30.96 | holding | — | — | — | Nov 14, 2016 | Nov 14, 2023 | Common Stock | 6,000 | 6,000 | D |
| Restricted Stock UnitsF1,F6 | — | holding | — | — | — | — | — | Common Stock | 3,000 | 3,000 | D |
Explanation of responses
- F1Each 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.
- F2The remaining RSUs units vest on November 19, 2017.
- F3The remaining RSUs vest in two equal annual installments beginning on November 20, 2017.
- F4Date indicated is date of grant. Options vest in four equal annual installments beginning on the first anniversary of the date of grant.
- F5The RSUs vest in three equal annual installments beginning on November 12, 2017.
- F6The RSUs vest in four equal annual installments beginning on November 14, 2017.