Sec Form 4 Filing - TAN LIP BU @ Credo Technology Group Holding Ltd - 2022-01-31

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person TAN LIP BU 2. Issuer Name and Ticker or Trading Symbol Credo Technology Group Holding Ltd [ CRDO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1600 TECHNOLOGY DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 01/31/2022 (Street) SAN JOSE, CA95110 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 Ordinary Shares 01/31/2022 C 1,500,000 A 3,000,000 I Celesta Capital II, L.P.( 2 ) Ordinary Shares 01/31/2022 C 2,386,846 A 5,386,846 I Celesta Capital II, L.P.( 2 ) Ordinary Shares 01/31/2022 C 200,276 A 5,587,122 I Celesta Capital II, L.P.( 2 ) Ordinary Shares 01/31/2022 C 324,405 A 5,911,527 I Celesta Capital II, L.P.( 2 ) Ordinary Shares 01/31/2022 C 1,500,000 A 3,000,000 I China Walden Venture Investments II, L.P.( 3 ) Ordinary Shares 01/31/2022 C 1,193,423 A 4,193,423 I China Walden Venture Investments II, L.P.( 3 ) Ordinary Shares 01/31/2022 C 500,658 A 4,694,081 I China Walden Venture Investments II, L.P.( 3 ) Ordinary Shares 01/31/2022 C 160,220 A 160,220 I A&E Investment LLC( 4 ) Ordinary Shares 01/31/2022 C 93,516 A 253,736 I A&E Investment LLC( 4 ) Ordinary Shares 01/31/2022 C 1,542,127 A 1,542,127 I Celesta Capital III, L.P.( 5 ) Ordinary Shares 01/31/2022 C 658,236 A 2,200,363 I Celesta Capital III, L.P.( 5 ) Ordinary Shares 30,000 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 Series A Convertible Preferred Shares ( 1 ) 01/31/2022 C 1,500,000 ( 1 ) ( 1 ) Ordinary Shares 1,500,000 $ 0 0 I Celesta Capital II, L.P.( 2 ) Series B Convertible Preferred Shares ( 1 ) 01/31/2022 C 2,386,846 ( 1 ) ( 1 ) Ordinary Shares 2,386,846 $ 0 0 I Celesta Capital II, L.P.( 2 ) Series D Convertible Preferred Shares ( 1 ) 01/31/2022 C 200,276 ( 1 ) ( 1 ) Ordinary Shares 200,276 $ 0 0 I Celesta Capital II, L.P.( 2 ) Series D+ Convertible Preferred Shares ( 1 ) 01/31/2022 C 324,405 ( 1 ) ( 1 ) Ordinary Shares 324,405 $ 0 0 I Celesta Capital II, L.P.( 2 ) Series A Convertible Preferred Shares ( 1 ) 01/31/2022 C 1,500,000 ( 1 ) ( 1 ) Ordinary Shares 1,500,000 $ 0 0 I China Walden Venture Investments II, L.P.( 3 ) Series B Convertible Preferred Shares ( 1 ) 01/31/2022 C 1,193,423 ( 1 ) ( 1 ) Ordinary Shares 1,193,423 $ 0 0 I China Walden Venture Investments II, L.P.( 3 ) Series D+ Convertible Preferred Shares ( 1 ) 01/31/2022 C 500,658 ( 1 ) ( 1 ) Ordinary Shares 500,658 $ 0 0 I China Walden Venture Investments II, L.P.( 3 ) Series D Convertible Preferred Shares ( 1 ) 01/31/2022 C 160,220 ( 1 ) ( 1 ) Ordinary Shares 160,220 $ 0 0 I A&E Investment LLC( 4 ) Series D+ Convertible Preferred Shares ( 1 ) 01/31/2022 C 93,516 ( 1 ) ( 1 ) Ordinary Shares 93,516 $ 0 0 I A&E Investment LLC( 4 ) Series D Convertible Preferred Shares ( 1 ) 01/31/2022 C 1,542,127 ( 1 ) ( 1 ) Ordinary Shares 1,542,127 $ 0 0 I Celesta Capital III, L.P.( 5 ) Series D+ Convertible Preferred Shares ( 1 ) 01/31/2022 C 658,236 ( 1 ) ( 1 ) Ordinary Shares 658,236 $ 0 0 I Celesta Capital III, L.P.( 5 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other TAN LIP BU 1600 TECHNOLOGY DRIVE SAN JOSE, CA95110 X Signatures /s/ Adam Thorngate-Gottlund, attorney-in-fact 02/02/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each Series A Convertible Preferred Share, Series B Convertible Preferred Share, Series D Convertible Preferred Share and Series D+ Convertible Preferred Share (collectively, the "Preferred Shares) is convertible into Ordinary Shares of the Issuer on a one-for-one basis and has no expiration date. Effective immediately prior to the closing of the Issuer's initial public offering, each Preferred Share automatically converted into one Ordinary Share. ( 2 )The Reporting Person is the Managing Director of Celesta Capital GP II, Ltd., which is the general partner of Celesta Capital II, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. Represents restricted stock units that will vest over a period of four years subject to continued employment through each vesting date. ( 3 )The Reporting Person is the Managing Director of China Walden Venture Investment II G.P., Ltd., which is the general partner of China Walden Venture Investments II, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein. ( 4 )The Reporting Person is the Manager of A&E Investment LLC, an entity owned by the Reporting Person's family trust for which the Reporting Person is a joint trustee. ( 5 )The Reporting Person is the Managing Director of Celesta Capital GP III, LLC, which is the general partner of Celesta Capital III, L.P. The Reporting Person disclaims beneficial ownership of these indirectly held shares except to the extent of any pecuniary interest therein.

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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