Credo Technology Group Holding Ltd DEF 14A Filing

Ticker: CRDO · Form: DEF 14A · Filed: Aug 26, 2024 · CIK: 1807794

Sentiment: neutral

Topics: DEF 14A, executive compensation, equity awards

TL;DR

Credo Tech DEF 14A out: executive comp & equity awards detailed for FY23-24.

AI Summary

Credo Technology Group Holding Ltd filed a DEF 14A on August 26, 2024, detailing executive compensation and equity awards for the fiscal years ending April 30, 2023, April 27, 2024, and April 29, 2023. The filing includes information on reported equity awards for PEO and Non-PEO members, as well as equity awards granted during the year for PEO members.

Why It Matters

This filing provides transparency into executive compensation and equity awards, which can influence investor decisions and employee morale.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing providing information on executive compensation and is not indicative of immediate financial risk.

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to provide shareholders with information they need to vote on certain matters at the company's annual meeting, such as the election of directors and executive compensation.

What fiscal years are covered by the equity award data in this filing?

The filing covers equity award data for the fiscal years ending April 30, 2023, April 27, 2024, and April 29, 2023.

What types of equity awards are detailed for PEO members?

The filing details 'EquityAwardsReportedValueMember' and 'EquityAwardsGrantedDuringTheYearMember' for PEO members.

What is the SIC code for Credo Technology Group Holding Ltd?

The Standard Industrial Classification (SIC) code for Credo Technology Group Holding Ltd is 3674, which corresponds to SEMICONDUCTORS & RELATED DEVICES.

Where is Credo Technology Group Holding Ltd incorporated?

Credo Technology Group Holding Ltd is incorporated in E9 (Cayman Islands).

Filing Stats: 4,970 words · 20 min read · ~17 pages · Grade level 11.6 · Accepted 2024-08-26 16:06:50

Key Financial Figures

Filing Documents

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 38

Executive Compensation

Executive Compensation 40 Compensation Discussion and Analysis 40 Report of the Compensation Committee 47 Fiscal 2024 Summary Compensation Table 47 C EO Pay Ratio 50 Pay versus Performance 50 Certain Relationships and Related Party Transactions 54 Additional Information: 57 Future Shareholder Proposals and Nominations for the 2025 Annual Meeting 57 Householding — Shareholders Sharing the Same Last Name and Address 58 Delinquent Section 16(A) Reports 58 Annual Report on Form 10-K 59 Appendix A: Amended and Restated Employee S tock Purchase Plan A- 1 Table of Contents PROXY STATEMENT FOR ANNUAL GENERAL MEETING OF CREDO TECHNOLOGY GROUP HOLDING LTD INTRODUCTION This proxy statement and the accompanying proxy materials are being furnished in connection with the solicitation by the board of directors (the "Board") of Credo Technology Group Holding Ltd, a Cayman Islands exempted company, of proxies for use at our 2024 Annual General Meeting (referred to herein as the "Annual Meeting" or the "meeting") scheduled to be held at 1:00 p.m. Pacific Time, on Monday, October 21, 2024 at Credo Semiconductor Inc., 110 Rio Robles, San Jose, California 95134 and virtually via the Internet at http://www.meetnow.global/MJFKZY9. The physical location of the Annual Meeting will remain at the location specified above for the purposes of the Company's amended and restated memorandum and articles of association (the "Articles"). 2024 Proxy | 1 Table of Contents INFORMATION REGARDING THE ANNUAL MEETING General This proxy statement contains information about the meeting and was prepared by our management at the direction of our Board. Our Board supports each action for which your vote is solicited. Our Board asks you to appoint Daniel Fleming, our Chief Financial Officer, and James Laufman, our Chief Legal Officer and Secretary, or any of them, as your proxy holders to vote your shares at the meeting. You may make this appointment by prope

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