Company: CRAI
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001104659-25-039429
Chunk: 63

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 63
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124%, amounts represent the maximum number of shares of our common stock that can be issued under PRSUs based on our fiscal 2024 and 2025 performance granted on April 29, 2024 to our executive officers. Our compensation committee will determine the actual number of shares of our common stock potentially issuable in respect of these PRSUs based on the outcome of their performance conditions, or their “performance share numbers,” in the first quarter of fiscal 2026. 50% of each of these performance share numbers will vest on the date of that determination, and the remaining 50% of each of these performance share numbers will vest in two equal annual installments on the third and fourth anniversaries of April 29, 2024. Vested portions of these performance share numbers are payable, at our election, in cash, shares of our common stock or a combination of the two, except that the corresponding vested dividend units will be paid in cash. (12) For purposes of the Supplemental PRSU Award, there is no opportunity to earn a payout above the “target” level; accordingly, the “target” and “maximum” levels are the same. As of December 28, 2024, performance results indicate achievement at or above target level (100%), and therefore the amount shown represents the maximum number of shares of our common stock that can be issued under Mr. Holmes’ Supplemental PRSU Award granted on April 29, 2024 to Mr. Holmes, based on performance in fiscal 2024 through fiscal 2027. Our compensation committee will determine the actual 43

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number of shares of our common stock potentially issuable in respect of the Supplemental PRSU Award based on the outcome of its performance conditions, or its “performance share numbers,” in the first quarter of fiscal 2028. 50% of the performance share numbers will vest on the date of that determination, and the remaining 50% will vest on the last day of fiscal 2028, subject in each case to Mr. Holmes’ continued service with the Company through such date. Vested portions of these performance share numbers are payable, at our election, in cash, shares of our common stock or a combination of the two, except that the corresponding vested dividend units will be paid in cash. (13) The market values of these PRSUs are based on the closing market price of our common stock on December 27, 2024, the last trading date of fiscal