SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Maleh Paul A

(Last) (First) (Middle)
200 CLARENDON STREET

(Street)
BOSTON MA 02116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CRA INTERNATIONAL, INC. [ CRAI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/06/2020 M(1) 8,646 A $18.48 141,292 D
Common Stock 08/06/2020 S(1) 3,900 D $40.683(2) 137,392 D
Common Stock 08/06/2020 S(1) 4,746 D $41.4094(3) 132,646 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Nonqualified Stock Option (right to buy) $18.48 08/06/2020 M 8,646 11/19/2013(4) 11/19/2020 Common Stock 8,646 $0.00 0 D
Restricted Stock Units (5) (6) (6) Common Stock 4,845.9312 4,845.9312 D
Restricted Stock Units (5) (7) (7) Common Stock 2,672.651 2,672.651 D
Restricted Stock Units (5) (8) (8) Common Stock 4,062.4564 4,062.4564 D
Restricted Stock Units (5) (9) (9) Common Stock 11,275.1658 11,275.1658 D
Restricted Stock Units (5) (10) (10) Common Stock 5,881.7966 5,881.7966 D
Restricted Stock Units (5) (11) (11) Common Stock 4,275.0206 4,275.0206 D
Restricted Stock Units (5) (12) (12) Common Stock 6,668.4771 6,668.4771 D
Nonqualified Stock Option (right to buy) $30.97 11/20/2014(4) 11/20/2021 Common Stock 15,000 15,000 D
Nonqualified Stock Option (right to buy) $21.52 11/12/2015(4) 11/12/2022 Common Stock 26,086 26,086 D
Nonqualified Stock Option (right to buy) $30.96 11/14/2016(4) 11/14/2023 Common Stock 20,000 20,000 D
Nonqualified Stock Option (right to buy) $44.87 12/18/2017(4) 12/18/2027 Common Stock 16,304 16,304 D
Nonqualified Stock Option (right to buy) $47.45 12/06/2018(4) 12/06/2028 Common Stock 15,173 15,173 D
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.51 to $40.93, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $41.82, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
4. Date indicated is date of grant. Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
5. 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.
6. The RSUs, which include an aggregate of 259.9312 Dividend Units, vest on March 1, 2021.
7. The RSUs, which include an aggregate of 172.6510 Dividend Units, vest on November 14, 2020.
8. The RSUs, which include an aggregate of 262.4564 Dividend Units, vest on November 14, 2020.
9. The RSUs, which include an aggregate of 166.1658 Dividend Units, vest in four equal annual installments beginning on December 5, 2020.
10. The RSUs, which include an aggregate of 191.7966 Dividend Units, vest in three equal annual installments beginning on December 6, 2020.
11. The RSUs, which include an aggregate of 199.0206 Dividend Units, vest in two equal annual installments beginning on December 18, 2020.
12. The RSUs, which include an aggregate of 310.4771 Dividend Units, vest in two equal annual installments beginning on December 18, 2020.
Delia J. Makhlouta, by power of attorney 08/10/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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