SEC Form 4 · accession 0001179110-17-005017
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
Mar 17, 2017
Accepted (ET)
Mar 21, 2017 · 6:32 pm EDT
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 | holding | — | — | — | 29,464 | 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 UnitsF3,F1,F4 | — | Mar 17, 2017 | A | 8 | A | — | — | Common Stock | 8 | 1,965 | D |
| Restricted Stock UnitsF3,F1,F5 | — | Mar 17, 2017 | A | 6 | A | — | — | Common Stock | 6 | 1,640 | D |
| Restricted Stock UnitsF2,F1,F5 | — | Mar 17, 2017 | D | 6 | D | — | — | Common Stock | 6 | 1,634 | D |
| Restricted Stock UnitsF3,F1,F6 | — | Mar 17, 2017 | A | 6 | A | — | — | Common Stock | 6 | 1,618 | D |
| Restricted stock UnitsF2,F1,F6 | — | Mar 17, 2017 | D | 6 | D | — | — | Common Stock | 6 | 1,612 | D |
| Restricted Stock UnitsF3,F1,F7 | — | Mar 17, 2017 | A | 7 | A | — | — | Common Stock | 7 | 1,894 | D |
| Restricted Stock UnitsF2,F1,F7 | — | Mar 17, 2017 | D | 4 | D | — | — | Common Stock | 4 | 1,890 | D |
| Restricted Stock UnitsF3,F1,F8 | — | Mar 17, 2017 | A | 11 | A | — | — | Common Stock | 11 | 2,958 | D |
| Restricted Stock UnitsF3,F1,F9 | — | Mar 17, 2017 | A | 12 | A | — | — | Common Stock | 12 | 3,023 | D |
| Nonqualified Stock Option (right to buy)F10 | $21.91 | holding | — | — | — | Nov 14, 2011 | Nov 14, 2018 | Common Stock | 9,600 | 9,600 | D |
| Nonqualified Stock Option (right to buy)F10 | $18.48 | holding | — | — | — | Nov 19, 2013 | Nov 19, 2020 | Common Stock | 12,973 | 12,973 | D |
| Nonqualified Stock Option (right to buy)F10 | $30.97 | holding | — | — | — | Nov 20, 2014 | Nov 20, 2021 | Common Stock | 7,500 | 7,500 | D |
| Nonqualified Stock Option (right to buy)F10 | $21.52 | holding | — | — | — | Nov 12, 2015 | Nov 12, 2022 | Common Stock | 7,826 | 7,826 | D |
| Nonqualified Stock Options (right to buy)F10 | $30.96 | holding | — | — | — | Nov 14, 2016 | Nov 14, 2023 | Common Stock | 6,000 | 6,000 | 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.
- F10Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
- F2Settlement of Dividend Units in cash in connection with the vesting of the underlying RSUs.
- F3Amount reported represents Dividend Units accrued on the RSUs at $36.13 on March 17, 2017. These Dividend Units are payable only in cash.
- F4The RSUs, which include an aggregate of 15.0461 Dividend Units (excluding any Dividend Units disposed of as reported herein), vest in two equal annual installments beginning on November 20, 2017.
- F5The RSUs, which include an aggregate of 12.5074 Dividend Units (excluding any Dividend Units disposed of as reported herein), vest on November 19, 2017.
- F6The RSUs, which include an aggregate of 12.3455 Dividend Units (excluding any Dividend Units disposed of as reported herein), vest on November 19, 2017.
- F7The RSUs, which include an aggregate of 14.4750 Dividend Units (excluding any Dividend Units disposed of as reported herein), vest in two equal annual installments beginning on November 20, 2017.
- F8The RSUs, which include an aggregate of 22.6461 Dividend Units (excluding any Dividend Units disposed of as reported herein), vest in three equal annual installments beginning on November 12, 2017.
- F9The RSUs, which include an aggregate of 23.1477 Dividend Units (excluding any Dividend Units disposed of as reported herein), vest in four equal annual installments beginning on November 14, 2017.