UNGARO PETER J (President & CEO) reported 2 transactions at CRAY INC

Review the transaction codes below to understand the nature of each event.

UNGARO PETER J

Filed: 9/27/2019ACC: 0000949158-19-000196

InsiderUNGARO PETER JCIK 1259266

→

IssuerCRAY INCCIK 949158

DirectorOfficer· President & CEO

Since Feb 2019

-1.24M

Net shares

Net seller

$11.19M

Total sold

Open market trades

0B · 0S

Total transactions

1.24M disposed

Non-Derivative Transactions2

Common Stock

Direct

D · Disposition

−316.40K

Price / share

$35.00

Trade value

$11.07M

% of position

New position

9/25/2019

316.40K→0.00

Common Stock

Indirect

D · Disposition

−3.44K

Price / share

$35.00

Trade value

$120.50K

% of position

New position

9/25/2019

3.44K→0.00

Total

Net shares

−319.84K

Net value

-$11.19M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	9/25/2019	D · Disposition	−316.40K	$35.00	$11.07M	New position	316.40K	0.00
Common Stock Indirect	9/25/2019	D · Disposition	−3.44K	$35.00	$120.50K	New position	3.44K	0.00
Total			−319.84K		-$11.19M

Derivative Transactions14

Restricted Stock Unit (RSU)

Direct

D · Disposition

Converts to

Common Stock

133.20K shares

−133.20K

Strike price

Held after

0.00

Exercisable

—

9/25/2019

Restricted Stock Unit (RSU)

Direct

D · Disposition

Converts to

Common Stock

7K shares

−7K

Strike price

Held after

0.00

Exercisable

—

9/25/2019

Restricted Stock Unit (RSU)

Direct

D · Disposition

Converts to

Common Stock

50K shares

−50K

Strike price

Held after

0.00

Exercisable

—

9/25/2019

Restricted Stock Unit (RSU)

Direct

D · Disposition

Converts to

Common Stock

48.60K shares

−48.60K

Strike price

Held after

0.00

Exercisable

—

9/25/2019

Restricted Stock Unit (RSU)

Direct

D · Disposition

Converts to

Common Stock

100K shares

−100K

Strike price

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

100K shares

−100K

Strike price

5.47

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

100K shares

−100K

Strike price

6.08

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

65K shares

−65K

Strike price

12.08

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

53K shares

−53K

Strike price

19.64

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

36K shares

−36K

Strike price

26.58

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

30K shares

−30K

Strike price

27.83

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

28K shares

−28K

Strike price

31.45

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

100K shares

−100K

Strike price

18.0

Held after

0.00

Exercisable

—

9/25/2019

Stock option (right to buy)

Direct

D · Disposition

Converts to

Common Stock

64.80K shares

−64.80K

Strike price

27.1

Held after

0.00

Exercisable

—

9/25/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Restricted Stock Unit (RSU) Direct	Common Stock133.20K shares	9/25/2019	D · Disposition	−133.20K		—
Restricted Stock Unit (RSU) Direct	Common Stock7K shares	9/25/2019	D · Disposition	−7K		—
Restricted Stock Unit (RSU) Direct	Common Stock50K shares	9/25/2019	D · Disposition	−50K		—
Restricted Stock Unit (RSU) Direct	Common Stock48.60K shares	9/25/2019	D · Disposition	−48.60K		—
Restricted Stock Unit (RSU) Direct	Common Stock100K shares	9/25/2019	D · Disposition	−100K		—
Stock option (right to buy) Direct	Common Stock100K shares	9/25/2019	D · Disposition	−100K	5.47	—
Stock option (right to buy) Direct	Common Stock100K shares	9/25/2019	D · Disposition	−100K	6.08	—
Stock option (right to buy) Direct	Common Stock65K shares	9/25/2019	D · Disposition	−65K	12.08	—
Stock option (right to buy) Direct	Common Stock53K shares	9/25/2019	D · Disposition	−53K	19.64	—
Stock option (right to buy) Direct	Common Stock36K shares	9/25/2019	D · Disposition	−36K	26.58	—
Stock option (right to buy) Direct	Common Stock30K shares	9/25/2019	D · Disposition	−30K	27.83	—
Stock option (right to buy) Direct	Common Stock28K shares	9/25/2019	D · Disposition	−28K	31.45	—
Stock option (right to buy) Direct	Common Stock100K shares	9/25/2019	D · Disposition	−100K	18.0	—
Stock option (right to buy) Direct	Common Stock64.80K shares	9/25/2019	D · Disposition	−64.80K	27.1	—