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CIRRUS LOGIC, INC. — Director's Dealing 2010
Aug 11, 2010
30880_dirs_2010-08-11_e8a793f3-a627-4136-aa29-b4e1fe9010a8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIRRUS LOGIC INC (CRUS)
CIK: 0000772406
Period of Report: 2010-08-09
Reporting Person: ANDERSON SCOTT ARNOLD (SVP & GM Mixed Signal Audio)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-09 | Common Stock | M | 30000 | $5.67 | Acquired | 60000 | Direct |
| 2010-08-09 | Common Stock | S | 30000 | $20.5126 | Disposed | 30000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-09 | Non-Qualified Stock Option (right to buy) | $5.67 | M | 30000 | Disposed | 2017-11-07 | Common Stock (30000) | Direct |
Footnotes
F1: The sales price reported in Column 4 is a weighted average price. Prices ranged from $20.50 to $20.55.
F2: 25% of the options, representing a right to purchase a total of 129,456 shares, became exercisable on 11/7/2008, which was the first anniversary of the date on which the option was granted. The remaining 75% of the shares have vested, and will continue to vest, in 36 equal monthly installments beginning on 12/7/2008.
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