Sec Form 4 Filing - KIELY STEPHEN C @ CRAY INC - 2017-11-01

Insider filing report for Changes in Beneficial Ownership
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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
KIELY STEPHEN C
2. Issuer Name and Ticker or Trading Symbol
CRAY INC [ CRAY]
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)
C/O CRAY INC., 901 FIFTH AVENUE,, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
11/01/2017
(Street)
SEATTLE, WA98164
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
Common Stock 02/10/2017 G( 1 ) V 18,330 D $ 0 4,345 D
Common Stock 02/10/2017 G( 1 ) V 18,330 A $ 0 18,330 I Stephen C. Kiely Trust dtd 5/17/05 ( 2 )
Common Stock 02/14/2017 G V 1,800 D $ 0 16,530 I Stephen C. Kiely Trust dtd 5/17/05 ( 2 )
Common Stock 06/08/2017 G( 3 ) V 2,345 D $ 0 6,286 D
Common Stock 06/08/2017 G( 3 ) V 2,345 A $ 0 18,875 I Stephen C. Kiely Trust dtd 5/17/05 ( 2 )
Common Stock 11/01/2017 S 1,875 D $ 20.695 17,000 I Stephen C. Kiely Trust dtd 5/17/05
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. C onversion 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KIELY STEPHEN C
C/O CRAY INC., 901 FIFTH AVENUE,
SUITE 1000
SEATTLE, WA98164
X
Signatures
/s/ Michael C. Piraino, Attorney-in-Fact for Stephen C. Kiely 11/03/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The share amount reflects the transfer of 18,330 shares from the reporting person to the Stephen C. Kiely Trust dtd 5/17/05 (the "Kiely Trust").
( 2 )The reporting person is one of the trustees of the Kiely Trust.
( 3 )The share amount reflects the transfer of 2,345 shares from the reporting person to the Kiely Trust.

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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