MORREALE CHARLES A 4
4 · CRAY INC · Filed May 20, 2019
Insider Transaction Report
Form 4
CRAY INCCRAY
MORREALE CHARLES A
Vice President
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2019-05-19−2,000→ 2,000 total→ Common Stock (2,000 underlying) - Tax Payment
Common Stock
2019-05-17$36.52/sh−1,601$58,469→ 48,151 total - Exercise/Conversion
Common Stock
2019-05-18+5,000→ 53,151 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-05-17−3,250→ 9,750 total→ Common Stock (3,250 underlying) - Exercise/Conversion
Common Stock
2019-05-17+3,250→ 49,752 total - Tax Payment
Common Stock
2019-05-18$36.52/sh−2,463$89,949→ 50,688 total - Exercise/Conversion
Common Stock
2019-05-19+2,000→ 52,688 total - Tax Payment
Common Stock
2019-05-19$36.52/sh−986$36,009→ 51,702 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-05-18−5,000→ 10,000 total→ Common Stock (5,000 underlying)
Holdings
- 2,059(indirect: By 401(k))
Common Stock
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's Common Stock.
- [F2]Represents shares of Common Stock that were withheld by the issuer to satisfy applicable withholding taxes in connection with the net settlement of the restricted stock units listed in Table II and does not represent a sale of Common Stock by the reporting person.
- [F3]Represents the per share closing price of the issuer's Common Stock on the applicable vesting date or, if there was no closing price on such date, the closing price on the trading date that was immediately prior to such vesting date.
- [F4]On May 17, 2018, the reporting person was granted 13,000 restricted stock units, with one-quarter of these shares vest on each of May 17, 2019, May 17, 2020, May 17, 2021 and May 17, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F5]On May 18, 2017, the reporting person was granted 20,000 restricted stock units, with one quarter vesting on each of May 18, 2018, May 18, 2019, May 18, 2020 and May 18, 2021, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F6]On May 19, 2016, the reporting person was granted 8,000 restricted stock units, with one quarter vesting on each of May 19, 2017, May 19, 2018, May 19, 2019 and May 19, 2020, subject to the reporting person's provision of service to the issuer on each vesting date.