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CIRRUS LOGIC, INC. — Director's Dealing 2010
Aug 5, 2010
30880_dirs_2010-08-05_11cb5ca9-95a5-4bbd-baaf-e10759937573.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: 2010-08-04
Reporting Person: CARTER JOHN C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-08-04 | Common Stock | M | 10000 | $5.49 | Acquired | 10000 | Direct |
| 2010-08-04 | Common Stock | S | 2754 | $19.9401 | Disposed | 7246 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-08-04 | Non-Qualified Stock Option (right to buy) | $5.49 | M | 10000 | Disposed | 2019-07-24 | Common Stock (10000) | Direct |
Footnotes
F1: The option vests on a 4-year schedule. 25% of the shares became exercisable on 7/24/2010. The remaining 75% of the shares vested monthly over the following 36 months.
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